Announcement • Jul 14
Arrow Exploration Corp., Annual General Meeting, Sep 18, 2026 Arrow Exploration Corp., Annual General Meeting, Sep 18, 2026. Location: alberta, calgary Canada Announcement • Jun 19
Arrow Exploration Corp. Provides Update On Icaco-2 Exploration Well Results And Production Arrow Exploration Corp. provided an update on operational activity at the Icaco field on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50% beneficial interest. The Icaco 2 exploration well (IC-2) was spud May 18, 2026, and reached target depth on May 26, 2026. The IC-2 well was drilled, on time and under budget, to a total measured depth of 12,020 MD feet (Measured Depth), or 7,399 TVD feet (True Vertical Depth) and encountered multiple hydrocarbon-bearing intervals. Log analysis shows 19.5 feet of net pay in the Carbonera C7 formation, 6 feet of net pay in the Gacheta formation and 74.5 feet of net pay in the Ubaque formation, for a total net pay of 100 feet TVD (True Vertical Depth). The well is currently producing from the Ubaque formation, at a restricted rate, 35/128 choke and 37 Hz pump frequency, of approximately 830 BOPD gross (415 BOPD net). The oil quality is 13.4° API and there is a 1% water cut. The ultimate flow rate will be determined in the first few weeks of production. Initial production results are not necessarily indicative of long-term performance or ultimate recovery. Announcement • May 26
Arrow Exploration Provides Update on Icaco 1 Exploration Well Results and Production Arrow Exploration Corp. provided an update on operational activity on the Icaco field on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50 percent beneficial interest. The Icaco 1 exploration well (IC-1) was spud May 5, 2026, and reached target depth on May 9, 2026. The IC-1 well was drilled, on time and under budget, to a total measured depth of 7,800 feet (7,524 feet true vertical depth) and encountered multiple hydrocarbon-bearing intervals. The log analysis shows a total of 30 feet of pay in the Carbonera C7 formation ("C7"), 15 feet of pay in the Gacheta formation, and 26 feet of pay in the Ubaque formation. Arrow put IC-1 on production on May 15, 2026, in the C7 where the pay zone that was perforated is comprised of two clean sandstones with an average porosity of 25%. An electric submersible pump ("ESP") was inserted in the well after perforating. During the clean-up period the well reached an average rate of 735 BOPD gross (368 BOPD net) with a 50% water cut for a 15 hour period before settling into the current stable production rate. The well is currently on production at 15/128 choke, 30 Hz pump frequency resulting in a restricted rate of approximately 628 BOPD gross (314 BOPD net). The oil quality is 27.8° API and there is a 46% water cut (completion fluid and formation water). The testing results indicate that the well is capable of higher rates, with well and pump optimization, and the ultimate flow rate will be determined over the coming weeks of production. Initial production results are not necessarily indicative of long-term performance or ultimate recovery. The Icaco 2 (IC-2) well, a significant step out from the IC-1 well, was spud on May 18, 2026. The IC-2 well will give Arrow an opportunity to increase production from Icaco, as well as provide further information on the size and materiality of the Icaco discovery.