06/17/2026
Arrow shared an update on operational activity on the Icaco field on the Tapir Block:
➡️ The Icaco 2 exploration well (IC-2) was drilled and encountered multiple hydrocarbon-bearing intervals.
➡️ The company is constructing five additional cellars at the Icaco pad for a total of 7 additional cellars after IC-4HZ.
➡️ Total gross corporate production is approximately 5,000 boe/d.
➡️ Cash balance of US$26.7 million with no debt.
Full details: https://bit.ly/4az2orC