• Arrow’s 1P, 2P and 3P reserves were estimated at respectively 3.4 mmboe, 7.7 mmboe and 11.7 mmboe at YE22.
• This includes 2.1 mmboe 2P reserves and 4.3 mmboe 3P reserves at the company’s core assets in Colombia (Tapir and Oso Pardo). Even after deducting 6 months of production (~0.18 mmbbl), the 2P and 3P reserves at the core assets have increased by ~0.08-0.35 mmboe since the end of June 2022 (date of the last reserves report).
• The reserves increase at the core assets reflects the high per ....

29 Mar 2023
Arrow Exploration Corp. (AIM: AXL): Adding reserves in Colombia

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Arrow Exploration Corp. (AIM: AXL): Adding reserves in Colombia
Arrow Exploration Corp. (AXL:TSX) | 0 0 0.0%
- Published:
29 Mar 2023 -
Author:
Stephane Foucaud -
Pages:
5 -
• Arrow’s 1P, 2P and 3P reserves were estimated at respectively 3.4 mmboe, 7.7 mmboe and 11.7 mmboe at YE22.
• This includes 2.1 mmboe 2P reserves and 4.3 mmboe 3P reserves at the company’s core assets in Colombia (Tapir and Oso Pardo). Even after deducting 6 months of production (~0.18 mmbbl), the 2P and 3P reserves at the core assets have increased by ~0.08-0.35 mmboe since the end of June 2022 (date of the last reserves report).
• The reserves increase at the core assets reflects the high per ....