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Arrow Exploration Corp. (LSE:AXL) has posted impressive financial and operational performance for the first quarter of 2025, highlighted by a 36% year-over-year increase in oil and natural gas revenues. The company recorded net income of $2.7 million and ended the quarter with a strengthened cash position of $24.9 million, reflecting robust operational efficiency and disciplined financial management.
Key developments during the quarter included the successful drilling of two additional wells in the Alberta Llanos Basin, further expanding production capacity. Arrow also completed a 90 km² seismic survey in the Tapir Block, providing critical data to guide future exploration and drilling efforts.
In a strategic move to support its growth trajectory, Arrow entered into a $20 million prepayment agreement with a major energy company. This agreement enhances the company’s financial flexibility and positions it well for ongoing development projects.
Looking ahead, Arrow plans to ramp up its drilling activity and invest in infrastructure improvements to accommodate rising output, reinforcing its commitment to long-term production growth and value creation.
About Arrow Exploration Corp.
Arrow Exploration Corp. is a growth-focused energy company operating in Colombia’s key hydrocarbon regions. With a diversified portfolio of oil and gas assets, the company is strategically positioned to capitalize on market opportunities and deliver operational excellence across its core basins. Arrow continues to build its presence through targeted exploration, efficient production, and strategic partnerships.
