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Arrow Exploration hits record production thanks to latest wells
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has pushed production to a record high of more than 6,500 barrels of oil equivalent per day (boe/d), following successful drilling at its Icaco field in Colombia. The milestone comes as two new wells, IC-8 and IC-7, contribute a combined 1,452 barrels of oil per day (bopd) gross, equivalent to 726 bopd net to Arrow, at restricted production rates.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has pushed production to a record high of more than 6,500 barrels of oil equivalent per day (boe/d), following successful drilling at its Icaco field in Colombia. The milestone comes as two new wells, IC-8 and IC-7, contribute a combined 1,452 barrels of oil per day (bopd) gross, equivalent to 726 bopd net to Arrow, at restricted production rates.
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