Arrow Exploration (AXL) - High Margin Oil Production Funds Development

Arrow Exploration Corp. is a Canada-based junior oil and gas company that is engaged in the acquisition, exploration and development of oil and gas properties in Colombia and in Western Canada. The Company operates through two segments: Colombia and Canada. In the Llanos Basin, the Company is engaged in the exploration, development and production of oil within the Tapir block. The Company owns approximately 50% interest in Tapir Block. Its Oso Pardo Field is located in the Santa Isabel Block in the Middle Magdalena Valley (MMV) Basin. The Oso Pardo field is located within a Production license covering about 672 acres. Its Capella field is located approximately 250 kilometers (km) away from the nearest offloading station at Neiva, where production from Capella is trucked. The Company owns approximately 10% interest in the Ombu Block, which contains the Capella discovery.