Arrow Exploration stock: Record production tops 6,500 boe/ d

Published on 11/09/2026 at 03:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Arrow Exploration stock was last quoted at 0.356 euros in Frankfurt on Friday, November 6. The producer is expanding output in Colombia and Canada.

Production Growth And Drilling

Arrow Exploration reached a corporate production record above 6,500 barrels of oil equivalent per day on October 22, 2026.
The company is advancing the Icaco development in Colombia while preparing further growth at its Thorsby property in Alberta.
Investors are watching the IC-HZ9 well, additional drilling and the extension process for the Tapir contract.

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Arrow Exploration reported a corporate production record above 6,500 barrels of oil equivalent per day on October 22, 2026, after drilling progress at the Icaco field in Colombia. BNN Bloomberg reported that the company also held more than 28 million US dollars in cash and had no debt after its Alberta acquisition.

Icaco Drives Colombian Growth

Arrow's Icaco 8 well entered production on October 12 and was producing at a restricted rate of about 1,204 barrels of oil per day gross, or 602 barrels net to Arrow, as of October 22. The IC-HZ9 well, the first horizontal well targeting the Carbonera C7 reservoir on the Tapir Block, completed drilling on October 20 with roughly 950 feet of horizontal oil pay.

Arrow holds a 50 percent beneficial interest in the Tapir Block in Colombia's Llanos Basin. The company is also developing the Thorsby property in central Alberta, acquired in August for 12.15 million Canadian dollars, with management planning its first development pad in 2027.

Reserves And Contract Outlook

According to BNN Bloomberg, proved plus probable reserves rose 82 percent to 21.4 million barrels of oil equivalent in September. The report said the reserves carried a before-tax net present value of 410 million US dollars, while the Tapir contract expires in February 2028 and includes two five-year extension options subject to the relevant approvals.

Arrow's latest Frankfurt quotation was 0.356 euros at 08:03 CET on Friday, November 6, according to Börse Frankfurt. The quote is the latest price shown for that venue and date.

Business Model And Peer Context

Arrow Exploration is a Calgary-based oil and gas company focused on acquiring, exploring and developing producing and prospective assets in Colombia and western Canada. Its main operating areas include Colombia's Llanos Basin and Middle Magdalena Valley, alongside properties in Alberta. The company is smaller and more concentrated than diversified international oil producers, with growth centered on operated assets, drilling and workovers.