Company
CVE:SE
Stonehaven Exploration is a Canadian oil and natural gas exploration and production company with operations at Fir and Bigstone, Alberta. The Company holds approximately 21 gross sections (7.6 net sections) of P&NG rights.
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Marshall Abbott, CEO of Arrow Exploration commented: "We are pleased with the results of the BouryGEC independent reserves evaluation, which reinforces the significant value of our Colombian and Canadian assets"
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27 June 2022*A corporate client of Hybridan LLPDish of the dayJoiners:No Joiners Today.Leavers:No Leavers Today. What’s cooking in the IPO kitchen?Immediate acquisitions (IME.L) is to re-join AIM via a Reverse Takeover of Fiinu Holdings Lim
Marshall Abbott, CEO of Arrow commented: "RCS-1 identified new zones for further exploitation with flowing results returning better than expected"
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“Initial evaluation continues to demonstrate the multi-zone potential of this fault-bounded structure,” Arrow CEO Marshall Abbott said
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30 May 2022*A corporate client of Hybridan LLPDish of the dayJoiners:No Joiners Today.Leavers:Origo Partners PLC has left AIM.What’s cooking in the IPO kitchen?AssetCo plc, intends to join re-join AIM. The Company's strategy is to develop a
"We are encouraged with the results of the RCE-2 well, which add materially to our production, reserves and cashflow,” Marshall Abbott, CEO of Arrow Exploration said
The RCE-2 well was spud on April 2, 2022, and targeted a large, three-way fault bounded structure with multiple high-quality reservoir objectives on the Tapir Block
Net income for the 12 months came in at US$5.7 million compared to a loss of US$32.2 million in 2020 on total gas and oil revenues of US$6.5 million (2020: US$5.3 million)
A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
"We believe more than one pay zone will be productive," said chief executive Marshall Abbott.
Arrow told investors that the well is targeting a large, three-way fault-bounded structure with multiple high-quality reservoir objectives
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4th April 2022*A corporate client of Hybridan LLPDish of the dayJoiners:Asimilar Group plc (LON:ASLR), currently listed on AIM, has joined the Aquis Stock Exchange Growth Market (Access Segment). The Group invests in the technology and soft
The Canadian energy firm said its proved (1P) reserves grew by 4.1% to 3 million barrels of oil equivalent (MMboe) driven largely by uplift at Santa Isabel in Colombia
A minor delay with rig scheduling has been overcome and the partners on the Tapir Block now expect the RCE-2 well to spud in late-March 2022
Arrow is partnered 50:50 on the Tapir block with PetrolCo and the partners have largely completed the community socialization process and awarded the drill contract to Bogota-based Top Drilling Company
The company highlighted production as of January 21, 2022, net to Arrow of approximately 1,320 boe/d (barrels of oil equivalent per day), benefiting from rising Brent Crude oil prices and strong natural gas prices in Canada
The initial stabilized production rates were 6.2 million standard cubic feet of natural gas, or over 1,030 barrels of oil equivalent per day at 7,214 kilopascal (kPa) tubing pressure, 30,048 kPa casing pressure, and with no water production
"The offering was very well received, and we had participation from institutional and high net worth investors alike," said Max Satel, EVP Corporate Development & Investor Relations at Arrow Exploration
For the period ended September 30, 2021, the Canadian operator reported average production of 575 barrels of oil equivalent per day (boe/d), an increase of 244 boe/d, or 74%, compared to average corporate production of 331 boe/d in the seco
