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home / news releases / AXL:CC - Arrow Exploration reaches target depth on its RCE-3 well

AXL:CC - Arrow Exploration reaches target depth on its RCE-3 well

Arrow Exploration Corp.

--News Direct--

Arrow Exploration CEO Marshall Abbott joined Steve Darling from Proactive to share news the company has reached total depth at the RCE-3 well in Colombia's Llanos Basin with a total measured depth of 8,880 feet. The company said it encountered seven hydrocarbon bearing intervals totaling 58 net feet of oil pay.

Abbott told Proactive the RCE-3 well is expected to begin production in early March 2023. The rig will then be moved to the RCE-4 location with the intention that RCE-4 will spud within two days of RCE-3 being brought into production.

Contact Details

Proactive Canada

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/arrow-exploration-reaches-target-depth-on-its-rce-3-well-913382967

Stock Information
Company Name: Arrow Exploration Corp.
Stock Symbol: AXL:CC
Market: TSXVC
Website: arrowexploration.ca
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