Arrow Exploration Announces Record Production and IC-HZ9 Well Results

Arrow Exploration reported record corporate production of more than 7,000 BOE/D, driven by the IC-HZ9 well on Colombia’s Tapir Block. The well began producing on November 6, 2026, and is currently yielding about 2,400 BOPD gross (1,200 BOPD net) from the Carbonera C7 formation. Arrow had more than US$35 million in cash as of November 1 and spud the IC-HZ10 well on November 8 to target the Ubaque formation. Management plans further horizontal drilling at the Icaco field to support near-term production growth.