Arrow Exploration CEO discusses outstanding results from first horizontal well at Carrizales Norte
American Axle & Manufacturing (AXL) Proactiveinvestors NA·2024-06-22 22:50
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) this week reported impressive results from the first horizontal well on the Ubaque formation at the Carrizales Norte field in the Tapir block in Colombia that exceeded expectations. On the Carrizales Norte "B" pad, the new well, CNB HZ-1, is flowing at a restricted rate of 3,150 barrels a day gross and 1,575 net to Arrow with less than 1% water cut while still recovering load fluid. CEO Marshall Abbott sat down with Proactive to discuss the achievement ...