Arrow Exploration

Arrow Exploration’s wholly owned subsidiary Carrao Energy announced that the 11-day production test of its Rio Cravo Este-1 (RCE-1) exploration well revealed average production of 613 B/D of 28.3 API oil at a 46.5% water cut. The well, located on the Tapir Block in the Llanos Basin of Colombia, reached total depth of 10,000 ft and encountered 103 ft of net oil pay.