Arrow Exploration's production surpasses 4,800 boepd

Executive Summary

• Arrow Exploration Corp. provided an operational update on its 50% beneficial interest in the Tapir block in Colombia’s Llanos basin, highlighting four wells brought on production in H2 2025.
• Total corporate production is currently over 4,800 barrels of oil equivalent per day (net), driven by recent contributions from the RCE, AB, and CN pads.
• The company maintains a strong balance sheet with no debt or drilling commitments, while expanding water disposal capabilities to over 130,000 barrels per day to support future production increases.

Key Details

• Production Highlights (H2 2025):
  • AB-3 (Alberta Llanos Field): Vertical well recompletion brought on production on Sept. 5, 2025. Currently producing 840 bopd gross (420 bopd net) with a 73% water cut. Targets the C7 formation.
  • CN HZ13 (Carrizales Norte Field): Brought on production on Aug. 28, 2025. Currently producing 1,002 bopd gross (501 bopd net) with a 32% water cut. Targeted the Ubaque zone with a 797 MD feet horizontal oil-bearing section.
  • CN HZ12 (Carrizales Norte Field): Brought on production on Aug. 5, 2025. Currently producing 532 bopd gross (266 bopd net) with a 75% water cut. Targeted the Ubaque zone with a 423 MD feet horizontal oil-bearing section.
  • RCE HZ10 (RCE Field): Brought on production on July 16, 2025. Currently producing 200 bopd gross (100 bopd net) with a 72% water cut. Targeted the Ubaque zone with a 1,040 MD feet oil-bearing section.
• Infrastructure & Capacity:
  • Water disposal capability for the Tapir block now exceeds 130,000 barrels of water per day, following significant Q2 investments.
  • Multiple drill-ready pads are available, providing flexibility for the work program.
• Drilling Schedule & Future Plans:
  • The drilling rig is moving to the Mateguafa Oeste field to drill an exploration vertical well (MO-1), expected to spud mid-September.
  • MO-1 targets the Ubaque reservoir; a successful result would lead to four additional horizontal wells.
  • Exploration of Mateguafa Attic, Icaco, Macoya, and Capullo prospects is planned following the Mateguafa Oeste development.
• Financial Position:
  • Strong balance sheet with no debt.
  • No current drilling commitments.
  • Actively exploring potential acquisition opportunities.

Notable Quotes

• Marshall Abbott, CEO: "The Carrizales Norte field continues to deliver with successful wells CN HZ12 and CN HZ13. Both horizontal wells have further developed the Carrizales Norte field. The success of these two horizontal wells proves future development potential at Carrizales Norte."
• Marshall Abbott, CEO: "The AB-3 recompletion at the company's Alberta Llanos field is on production from the C7 and continuing to clean up... The C7 production is highly encouraging for future C7 development at both Alberta Llanos and the northern extent of the CN field."