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Arrow Exploration Corp. (V:AXL)

Business Focus: Oil & Gas Exploration and Production

Mar 20, 2020 04:27 pm ET
ARROW Exploration Corp. Announces Meeting Results
ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) is pleased to announce that at the annual general and special meeting held in Calgary, ‎Alberta on March 19, 2020 (the “Meeting”) holders of common shares of Arrow: (i) ‎elected Tim De...
Mar 18, 2020 08:22 pm ET
ARROW Exploration Corp. Announces Proxy Tabulation Results
ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) is pleased to report the proxy tabulation results (“Cut Off Tabulation”) from Computershare Trust in connection with it its Annual General and Special Meeting to be held on March 19,...
Mar 05, 2020 08:30 am ET
ARROW Exploration Corp. Announces Claim by Officer and Corporate Update
ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) received an originating application (the “Application”) on Monday March 2, 2020 from John Newman, CFO of Arrow, as the applicant. The Application names Ravi Sharma, Juan Carlos...
Feb 04, 2020 07:00 am ET
ARROW Exploration Corp. Announces Changes to the Board of Directors and Management
ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) announced today that Messrs. Tim de Freitas, Gustavo Antonio Dajer Barguil and Brian Hearst, have been appointed to the Board of Directors of the Company. Mr. de Freitas has over 25...
Jan 23, 2020 07:00 am ET
Arrow Announces Director Resignations
ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) announces that Mr. James McFarland and Mr. Steven Smith have resigned from its Board of Directors, and that Ms. Adrienne O’Reilly has resigned as Corporate Secretary. Mr. Zaidi,...
Jan 22, 2020 07:00 am ET
Arrow Announces Director Resignation
ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) announces that Mr. Dominic Dacosta has resigned from its Board of Directors given growing business commitments outside of Arrow. The Board recently accepted Mr. Dacosta’s...
Jan 16, 2020 05:00 pm ET
Arrow Appoints New Chairman
ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) announces that Mr. Dominic Dacosta has resigned from the role of Chairman of the Company given growing business commitments outside of Arrow, but will continue to serve on the Board of...
Jan 02, 2020 07:00 am ET
Arrow Amends and Extends Canacol Promissory Note and Appoints New Director
ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) is pleased to announce that it has successfully negotiated an amendment and extension to its US$5 million promissory note with Canacol Energy Ltd. (“Canacol”) (the “Amended Note”)....
Dec 18, 2019 05:48 pm ET
Arrow Announces New Interim CEO Appointment
ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) announces that the Board of Directors has appointed Mr. Felix Betancourt as Interim Chief Executive Officer, based in Bogota Colombia, effective immediately. The appointment of Mr....
Dec 11, 2019 07:00 am ET
Arrow Confirms Engagement of Strategic Advisor
Arrow Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL), announced today that it has engaged Stifel Nicolaus Canada Inc. (“Stifel FirstEnergy”) as advisor to its previously announced strategic alternatives process. Engagement of Strategic...
Dec 06, 2019 05:00 pm ET
Arrow Announces Termination of Market-Making Agreement
Arrow Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL), announced today that as a further step to reduce costs, the Company has terminated its agreement with Integral Wealth Securities Limited (“Integral”) to provide Market-Making services...
Dec 03, 2019 07:00 am ET
Arrow Exploration Corp. Confirms Issuance of Stock Options
ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) announces the issuance last evening of a total of 150,000 stock options (“Options”), pursuant to the Company’s Stock Option Plan (the “Plan”) to a Director, previously appointed as...
Nov 28, 2019 06:47 pm ET
Arrow Exploration Corp. Announces Third Quarter 2019 Financial and Operating Results and Initiation of Strategic Alternatives Process
ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) is pleased to announce the filing of its 2019 third quarter unaudited Financial Statements and MD&A and the initiation of a strategic alternatives process. Third Quarter Financial and...
Nov 04, 2019 04:00 pm ET
Arrow Exploration Corp. Announces Postponement of Annual General Meeting
CALGARY, Nov. 4, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL) announces the postponement of its Annual General and Special Meeting (the "Meeting"), originally scheduled for December 4, 2019. Arrow has postponed the Meeting as and until the Company completes a search for and appoints a permanent President and Chief Executive Officer, following the recent resignation of the incumbent, and determines the associated potential changes to the Board. The Meeting will be rescheduled for a date on or prior to March 21, 2020 in accordance with the order of the Court of Q
Oct 17, 2019 06:06 pm ET
Arrow Exploration Corp. Announces Management Changes
CALGARY, Oct. 17, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL) announces that the Board of Directors has accepted Mr. Bruce McDonald's resignation from his role as President and Chief Executive Officer and from the Board of Directors of Arrow effective October 16, 2019.
Aug 28, 2019 07:00 am ET
Arrow Exploration Corp. Announces Second Quarter 2019 Financial and Operating Results and Operational Update
CALGARY, Aug. 28, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce the filing of its 2019 second quarter unaudited Financial Statements and MD&A and to provide an operational update. The Company's Financial Statements and MD&A are available on SEDAR (www.sedar.com). All numbers are expressed in US dollars unless otherwise noted.
Aug 01, 2019 07:30 am ET
Arrow Exploration Corp. Announces Operational Update, New Promissory Note Terms and the Appointment of a New Director
CALGARY, Aug. 1, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce an operational update as well as revised terms of its $5 million Promissory Note with Canacol Energy ("Canacol") and the appointment of a new board member to fill an existing vacancy.
Jun 10, 2019 07:30 am ET
Arrow Exploration Corp. Announces Commercial Discovery at Rio Cravo Este
CALGARY, June 10, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce test results of the Rio Cravo Este-1 ("RCE-1") exploration well located on the Tapir Block in the Llanos Basin of Colombia. RCE-1 was spud on April 25, 2019 and reached a total depth of 10,000 feet measured depth ("ft md") within the Ubaque Formation. As announced on May 15th, the well encountered 103 feet of net oil pay (true vertical depth) with most of the pay indicated on logs within the C7, Gacheta, and Ubaque formations.  The RCE-1 exploration well was perforated and tes
May 30, 2019 07:33 pm ET
Arrow Exploration Corp. Announces First Quarter 2019 Financial and Operating Results and Imminent Testing of Rio Cravo Este-1 Well
CALGARY, May 30, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce the filing of its 2019 first quarter unaudited Financial Statements and MD&A and to provide an operational update. The Company's Financial Statements and MD&A are available on SEDAR (www.sedar.com). All numbers are expressed in US dollars unless otherwise noted.
May 15, 2019 07:00 am ET
Arrow Exploration Corp. Encounters 103 feet of Oil Pay at Rio Cravo Este-1 Exploration Well in Colombia
CALGARY, May 15, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce preliminary results of the Rio Cravo Este-1 ("RCE-1") exploration well located on the Tapir Block in the Llanos Basin of Colombia in which Arrow holds a 50% beneficial interest. The RCE-1 exploration well was spud on April 25th, 2019 and Arrow's petrophysical analysis of the LWD logs indicates 103 feet true vertical depth ("ft tvd") of oil pay in multiple conventional sandstone reservoirs within the C7, Gacheta and Ubaque formations. The RCE-1 well was designed to test the abov
May 10, 2019 06:15 pm ET
Arrow Exploration Corp. Announces Hedging Program and Updated Corporate Presentation Available on its Website
CALGARY, May 10, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL), is pleased to announce it has entered into a 'costless collar' structure to hedge approximately 600 bbl/d of Brent oil for the period June 1 to December 31, 2019. The 'costless collar' has a floor price of US $65 per barrel and a ceiling price of US $71 per barrel. This hedging structure provides a floor price of US $65 for 18,000 barrels of oil per month for the 7-month period June 1 to December 31, 2019 which represents approximately 35% of Arrow's current corporate production.
May 03, 2019 08:51 pm ET
Arrow Exploration Corp. Confirms Appointment of Bruce McDonald as President & CEO, Appointment of a New Board Chair, Director Resignation and Issuance of Stock Options
CALGARY, May 3, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company:") (TSXV: AXL), is pleased to announce that this afternoon Mr. Bruce McDonald accepted the permanent appointment as Arrow's President & Chief Executive Officer, and existing independent director, Mr. Dominic Dacosta, accepted the appointment as Chairman of Arrow's Board of Directors (the "Board"), both appointments effective immediately.
Apr 30, 2019 09:50 pm ET
Arrow Exploration Corp. Announces Year-End Audited Financial Statements, MD&A and Operational and Management Update
CALGARY, April 30, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce the filing of its 2018 year-end audited Financial Statements and MD&A and to provide an operational and management update. The Company's Financial Statements and Annual Information Form ("AIF") are available on SEDAR (www.sedar.com). All numbers are expressed in US dollars unless otherwise noted.
Apr 26, 2019 07:00 am ET
Arrow Exploration Corp. Announces Rio Cravo Este Spud and Non-Core Asset Sales
CALGARY, April 26, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce it has contracted the Weatherford 839 rig which has spud the Rio Cravo Este-1 ("RCE-1") exploration well on the Tapir Block in the Llanos Basin of Colombia. RCE-1 has been identified via 3-D seismic and is targeting a large, three-way fault-bounded structure with multiple high-quality reservoir objectives. The well is expected to be at total depth of 8,000 feet True Vertical Depth within 30 days. Drilling RCE-1 is expected to satisfy Arrow's earn-in commitment for a 50% Worki
Apr 08, 2019 04:00 pm ET
Arrow Exploration Corp. Reports 2018 Year-End Reserves
CALGARY, April 8, 2019 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL) is pleased to report its year-end 2018 reserves in Colombia and Canada as evaluated by DeGolyer and MacNaughton ("D&M") of Dallas, Texas in its report dated effective as of December 31, 2018 (the "D&M Reserves Report"). This evaluation was prepared using the guidelines outlined in the Canadian Oil and Gas Evaluation Handbook ("COGE Handbook") and is in accordance with National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities ("NI 51-101").
Jan 18, 2019 03:30 pm ET
Arrow Exploration Corp. Announces the Departure of an Officer of the Company
CALGARY, Jan. 18, 2019 /CNW/ - ARROW Exploration Corp. (operating in Colombia via a Colombian branch of its 100% owned subsidiary, Carrao Energy S.A. "(Carrao")) ("Arrow" or the "Company") (TSXV: AXL) announces the departure of Fred Kozak, VP Corporate Development, from the management team of the Company. Arrow is committed to prudently managing its G&A expense and, as a result, Mr. Kozak's position of VP Corporate Development has been eliminated. The responsibilities of VP Corporate Development have been amalgamated under the role of VP Finance & IR. Arrow's Board and Management wis
Dec 17, 2018 06:00 am ET
Arrow Exploration Corp. Announces Closing the Partial Working Interest Sale in the VMM-2 Block and Provides Operational Update
CALGARY, Dec. 17, 2018 /CNW/ - ARROW Exploration Corp. (operating in Colombia via a Colombian branch of its 100% owned subsidiary, Carrao Energy S.A.) ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce it has closed on the previously announced sale of both a 20% working interest in the Shallow Section (defined below) and a 46.9% working interest in the Deeper Section (defined below) in the VMM-2 Block located in the Middle Magdalena Basin in Colombia for the sum of US $5 million, subject to adjustments (the "Transaction"). The Transaction provides an important boost to Arrow's fin
Dec 10, 2018 06:25 am ET
Arrow Exploration Corp. Announces Definitive Agreement to Sell a Partial Working Interest in the VMM-2 Block in Colombia to Boost Financial Flexibility
CALGARY, Dec. 10, 2018 /CNW/ - ARROW Exploration Corp. (operating in Colombia via a Colombian branch of its 100% owned subsidiary, Carrao Energy S.A.) ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce it has signed a definitive agreement (the "Agreement") for the sale of both a 20% working interest in the Shallow Section (defined below) and a 46.9% working interest in the Deeper Section (defined below) in the VMM-2 Block located in the Middle Magdalena Basin in Colombia for the sum of US $5 million, subject to adjustments (the "Transaction"). The Transaction provides an important
Dec 07, 2018 06:00 am ET
Arrow Exploration Corp. Announces Commercial Discovery at Danes-1 and Provides Operational Update
CALGARY, Dec. 7, 2018 /CNW/ - ARROW Exploration Corp. (operating in Colombia via its 100% owned subsidiary Carrao Energy S.A.) ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce test results of the Danes-1 exploration well located on the LLA-23 Block in the Llanos Basin of Colombia. The Danes-1 exploration well was perforated and tested in the Gacheta D2 Sand which was one of three prospective zones identified by logs.  After stabilizing the well conditions at 19:00 hours on December 3, 2018 using a 64/64" choke, a 24-hour test was performed where the well averaged 939 barrels of
Nov 29, 2018 06:00 am ET
Arrow Exploration Corp. Announces Third Quarter 2018 Financial and Operating Results
CALGARY, Nov. 29, 2018 /CNW/ - ARROW Exploration Corp. (operating in Colombia via its 100% owned subsidiary, Carrao Energy S.A.) ("Arrow" or the "Company") (TSXV: AXL) today reports its financial and operating results for the three and nine months ended September 30, 2018.  The Company's unaudited consolidated financial statements and corresponding Management's Discussion and Analysis (MD&A) for the period will be available on SEDAR at www.sedar.com, and on Arrow's website at www.arrowexploration.ca.  All amounts herein are expressed in United States dollars, unless otherwise noted. 
Nov 19, 2018 06:00 am ET
Arrow Exploration Corp. Encounters 43 feet of Oil Pay in the Gacheta and Ubaque Reservoirs at Danes-1 Exploration Well in Colombia
CALGARY, Nov. 19, 2018 /CNW/ - ARROW Exploration Corp. (operating in Colombia via its 100% owned subsidiary Carrao Energy S.A.) ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce preliminary results of the Danes-1 exploration well located on the LLA-23 Block in the Llanos Basin of Colombia which is 100% owned and operated by Arrow's Colombian operating entity (Carrao Energy S.A.). The Danes-1 exploration well was spud on October 25, 2018 and Arrow's petrophysical analysis of the logging while drilling ("LWD") logs indicates the well encountered 43 feet true vertical depth ("ft tvd
Nov 07, 2018 03:27 pm ET
ARROW Exploration Engages Integral Wealth Securities Limited to Provide Market-Making Services
CALGARY, Nov. 7, 2018 /CNW/ - ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL) is pleased to announce that, subject to regulatory approval, it has engaged Integral Wealth Securities Limited ("Integral") to provide Market-Making services in accordance with TSX Venture Exchange ("TSXV") policies and guidelines and other applicable legislation.
Nov 01, 2018 12:56 pm ET
ARROW Exploration to Host Conference Call and Webcast Introducing Management and Discussing Upcoming Catalysts
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./
Oct 25, 2018 07:00 am ET
ARROW Exploration Corp. Announces Spudding of the Danes-1 Exploration Well
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./
Oct 23, 2018 05:57 pm ET
ARROW Exploration Corp. Announces Issuance of Stock Options and Appointment of Officer
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./
Oct 11, 2018 08:49 pm ET
ARROW Exploration Corp. Posts New Investor Presentation to its Website
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./
Oct 05, 2018 07:00 am ET
ARROW Exploration Corp. Announces Operational and Financial Update
Calgary, Alberta (FSCwire) - ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) is pleased to provide an operational and financial update. The Company shares resume trading under the name Arrow Exploration Corp. (TSXV:AXL) today (October 5, 2018). 
Oct 04, 2018 04:24 pm ET
IIROC Trading Resumption - AXL
VANCOUVER, Oct. 4, 2018 /CNW/ - Trading resumes in:
Jun 14, 2016 05:58 pm ET
Anderson Energy Announces Voting Results from Shareholder Meeting
Anderson Energy Inc. ("Anderson" or the "Company") (TSX:AXL) announces that, at its Annual and Special Meeting of Shareholders held on June 14, 2016, the five nominees proposed as directors and listed in its management information circular dated May...
Jun 14, 2016 05:58 pm ET
Anderson Energy Announces Voting Results from Shareholder Meeting
Anderson Energy Inc. ("Anderson" or the "Company") (TSX: AXL) announces that, at its Annual and Special Meeting of Shareholders held on June 14, 2016, the five nominees proposed as directors and listed in its management information circular dated May 17, 2016 were all elected as directors of the Company. Detailed results of the voting for each nominee are set out below:
May 12, 2016 06:35 pm ET
Anderson Energy Announces 2016 First Quarter Results
Anderson Energy Inc. ("Anderson" or the "Company") (TSX: AXL) announces its operating and financial results for the first quarter ended March 31, 2016. The Company will be filing its unaudited condensed interim financial statements and management's discussion and analysis ("MD&A") for the three months ended March 31, 2016 on SEDAR today. Copies can be found under the Company's profile on www.sedar.com and on the Company's website at www.andersonenergy.ca.
May 12, 2016 06:35 pm ET
Anderson Energy Announces 2016 First Quarter Results
Anderson Energy Inc. ("Anderson" or the "Company") (TSX:AXL) announces its operating and financial results for the first quarter ended March 31, 2016. The Company will be filing its unaudited condensed interim financial statements and...
May 10, 2016 05:10 pm ET
Anderson Energy Announces Closing of Exchange Transaction Related to Series B Debentures
Anderson Energy Inc. ("Anderson" or the "Company") (TSX: AXL) announces that pursuant to an extraordinary resolution voted on and passed by the holders of the Company's 7.25% Series B convertible unsecured subordinated debentures due June 30, 2017 (the "Series B Debentures"), the Company has now met the closing conditions and, effective May 10, 2016, has exchanged both the entire principal amount ($46.0 million) and the interest that would otherwise have accrued on the Series B Debentures to June 30, 2016 ($1.67 million) for 8,427,537,410 common shares of the
May 10, 2016 05:08 pm ET
Anderson Energy Announces Closing of Exchange Transaction Related to Series B Debentures
Anderson Energy Inc. ("Anderson" or the "Company") (TSX:AXL) announces that pursuant to an extraordinary resolution voted on and passed by the holders of the Company's 7.25% Series B convertible unsecured subordinated debentures due June 30, 2017...
Apr 15, 2016 05:10 pm ET
Anderson Energy Provides an Update on the Closing of the Exchange Transaction and a Revision to Its Shareholder Meeting Date
Anderson Energy Inc. ("Anderson" or the "Company") (TSX: AXL) announces that the exchange transaction approved at a meeting of the holders of the Company's 7.25% Series B convertible unsecured subordinated debentures held on April 1, 2016 (the "Exchange Transaction") is expected to close immediately following the final approval from the Toronto Stock Exchange (the "TSX"). Pursuant to the Exchange Transaction, all of the Series B debentures ($46.0 million) and certain interest amounts ($1.67 million) will be exchanged for approximately 8.428 billion
Apr 01, 2016 01:42 pm ET
IIROC Trade Resumption - AXL.DB.B
TORONTO, April 1, 2016 /CNW/ - Trading resumes in:
Apr 01, 2016 01:34 pm ET
IIROC Trading Halt - AXL.DB.B
TORONTO, April 1, 2016 /CNW/ - The following issues have been halted by IIROC:
Apr 01, 2016 12:26 pm ET
Anderson Energy Announces the Voting Results of a Special Meeting of Its Series B Debentureholders, its Annual and Special Meeting Date for Common Shareholders and a Proposed Share Consolidation
Anderson Energy Inc. (the "Company") (TSX: AXL) announces that at a meeting today, the holders of the 7.25% Series B convertible unsecured subordinated debentures due June 30, 2017 (the "Series B Debentures") voted on and passed an extraordinary resolution pursuant to which all of the Series B Debentures ($46.0 million) and the interest that would otherwise accrue on the Series B Debentures to June 30, 2016 ($1.67 million) will be settled and all claims of the debentureholders thereunder will be extinguished in exchange for approximately 8.428 billion common shares in the
Mar 29, 2016 08:00 am ET
Anderson Energy Announces 2015 Fourth Quarter and Year End Results
Anderson Energy Inc. ("Anderson" or the "Company") (TSX: AXL) announces its operating and financial results for the fourth quarter and year ended December 31, 2015. The Company will be filing its audited financial statements and management's discussion and analysis ("MD&A") for the years ended December 31, 2015 and 2014 on SEDAR today. Copies can be found under the Company's profile on www.sedar.com and on the Company's website at www.andersonenergy.ca.