Arrow Exploration Corp. Announces Hedging Program and Updated Corporate Presentation Available on its Website

Source Press Release
Company Arrow Exploration Corp. 
Tags Hedging, Strategy - Upstream, Financial & Operating Data
Date May 10, 2019

ARROW Exploration Corp. ("Arrow" or the "Company") (TSXV: AXL), is pleased to announce it has entered into a 'costless collar' structure to hedge approximately 600 bbl/d of Brent oil for the period June 1 to December 31, 2019. The 'costless collar' has a floor price of US $65 per barrel and a ceiling price of US $71 per barrel. This hedging structure provides a floor price of US $65 for 18,000 barrels of oil per month for the 7-month period June 1 to December 31, 2019 which represents approximately 35% of Arrow's current corporate production.

Updated Corporate Presentation

Arrow is also pleased to announce that it has updated its corporate presentation available on its website at 

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