Arrow Exploration output rises above 6,000 boepd after Thorsby deal
Arrow Exploration said cash balances stood at $21.8m after acquiring Alberta’s Thorsby field for $8.9m. The AIM-listed firm also reported output rising to more than 6,000 boepd.
Arrow Exploration also said cash balances stood at $21.8m following its recent acquisition of the Thorsby field in Alberta, Canada for $8.9m.The AIM-listed firm said the Icaco—6 well, drilled in late August, encountered a fault and lost circulation, prompting Arrow to case it early and convert it i…