Ravi Sharma, Non-Executive Director of Arrow, is COO of Canacol Energy Ltd (“Canacol”). On November 18, 2025, Canacol announced it was seeking a creditor protection order in the Court of King’s Bench of Alberta under the Companies’ Creditors Arrangement Act.
About Arrow Exploration Corp.
Arrow Exploration Corp. (operating in Colombia through affiliates of its wholly owned subsidiary Arrow Exploration Switzerland GmbH) is a publicly traded company with a portfolio of premier Colombian oil assets that are underutilized, underdeveloped and offer high growth potential. The company’s business plan is to expand oil production from some of Colombia’s most active basins, including the Llanos, the Middle Magdalena Valley (MMV) and the Putumayo Basin. The asset base is mainly controlled by large holdings, and the exposure to Brent-related light oil pricing, combined with low royalties, provides attractive potential operating margins. Under certain private agreements between Arrow and its partner, Arrow has the right to receive 50% of the production from the Tapir block and has the right to request approval from Ecopetrol SA for the transfer of 50% of all rights, interests and obligations under the Tapir Association Contract. Arrow is listed on the AIM market of the London Stock Exchange and on the TSX Venture Exchange under the symbol “AXL”.
Forward-Looking Statements
This press release contains certain statements or disclosures regarding Arrow that are based on management’s expectations, as well as assumptions made by and information currently available to Arrow, that may constitute forward-looking statements or information (“forward-looking statements”) under applicable securities laws. All such statements and disclosures, other than those of historical fact, that relate to activities, events, outcomes, results or developments that Arrow anticipates or expects may, could or will occur (in whole or in part) in the future should be considered forward-looking statements. In some cases, forward-looking statements can be identified by the use of the words “continue,” “expect,” “opportunity,” “plan,” “potential” and “will” and similar expressions. The forward-looking statements in this press release reflect various material factors, expectations and assumptions of Arrow, including but not limited to Arrow’s evaluation of the impact of global pandemics, the potential of Arrow’s Colombian and/or Canadian assets (or any of these individually), the prices of oil and/or natural gas, and Arrow’s business plan to expand oil and gas production and achieve attractive potential operating margins. Arrow believes that the expectations and assumptions reflected in the forward-looking statements are currently reasonable, but there can be no assurance that these factors, expectations and assumptions will prove to be correct.
The forward-looking statements in this press release are not guarantees of future performance and should not be unduly relied upon. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The forward-looking statements contained in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
NOT FOR RELEASE, DISTRIBUTION, PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE THIS WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION MAY CONSTITUTE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275234
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