Arrow Exploration Corp.

Arrow announces Q1 2026 interim results. Highlights from the quarter include:

➡️ Average corporate production of 4,715 boe/d

➡️ $23.5 million total oil and natural gas revenue, net of royalties (21% increase compared to Q1 2025)

➡️ $14.1 million adjusted EBITDA (22% increase compared to Q1 2025)

➡️ Cash position of $14.2 million, operating cash flows of $13.6 million, and net income of $5.2 million

➡️ Drilled three additional development wells in the Mateguafa Attic (M) field in the Tapir block

Full details: https://bit.ly/42VOlZ5

Arrow provided an update on operational activity on the Icaco field on the Tapir Block:

➡️ IC-1 is now on production with IC-2, a significant step-out from IC-1, spud on May 18.

➡️ IC-2 will give Arrow an opportunity to increase production from Icaco and as well as provide further information on the size and materiality of the Icaco discovery.

➡️ Total gross corporate production is approximately 5,100 boe/d.

Full details: https://bit.ly/4wWaVP2