30th May 2023 10:46
Arrow Exploration Corp - Calgary, Canada-based oil and gas company with projects in Colombia and Canada - Revenue in the first quarter rises to USD7.0 million with royalties, more than double USD3.4 million from the previous year. Earnings before interest, tax, depreciation, and amortization rises to USD4.3 million from USD600,000. Corporate production rises 43% to 1,635 barrels oil equivalent per day from 1,144 boepd a year prior. The company declares no dividend in the first quarter, unchanged from the previous year. Read More