ARROW EXPLORATION CORP. - Q1 26 results

Arrow Exploration Corp. delivered a strong Q1 2026 investor update, highlighting robust operational performance, continued production growth, and a debt-free balance sheet. The company reported Q1 revenue of US$23.5 million, approximately 5,000 barrels of oil per day in production, US$24 million in cash, and industry-leading netbacks of US$42 per barrel. With nearly 12 million barrels of 2P reserves and no debt, Arrow Exploration Corp. remains fully funded to execute its growth strategy across the highly prospective Tapir Block in Colombia’s Llanos Basin. The company’s exploration success rate remains exceptional, with five discoveries from six exploration wells, supported by extensive 3D seismic coverage and a repeatable drilling model. Recent successes at the Icaco, Carrizales Norte, Alberta Llanos, Mataguafa Attic, and Rio Cravo Este fields continue to expand development opportunities and strengthen its portfolio of future drilling locations. Management also highlighted significant infrastructure investments, including water disposal capacity exceeding 85,000 barrels per day, which is expected to enhance recovery rates and support long-term production growth. Looking ahead, Arrow Exploration Corp. is focused on securing an extension of the Tapir Block licence, accelerating exploration and development drilling, and evaluating strategic M&A opportunities. With strong cash flow, expanding reserves, operational momentum, and a target to exceed 10,000 barrels of oil per day within the next 24 months, Arrow Exploration Corp. is well positioned to deliver sustainable growth and long-term shareholder value.