July 2022
Arrow Exploration
Canaccord Genuity has been appointed as NOMAD and Joint Broker to Arrow Exploration Plc
Canaccord Genuity’s Corporate Broking Team is pleased to announce it has been appointed as NOMAD and Joint Broker to Arrow Exploration Corp. (“Arrow” or the “Company”).
Arrow is a Canada-based junior oil and gas company listed on the AIM and TSX.V that is engaged in the acquisition, exploration and development of oil and gas properties in Colombia and in Western Canada.
The Company has a portfolio of premier Colombian oil assets that are under-exploited, under-explored and offer high potential growth. The Company's business plan is to expand oil production from some of Colombia's most active basins, including the Llanos, Middle Magdalena Valley (MMV) and Putumayo Basin. The asset base is predominantly operated with high working interests, and the Brent-linked light oil pricing exposure combines with low royalties to yield attractive potential operating margins.
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