Arrow Exploration reaches target depth on its RCE-3 well | News Direct

Arrow Exploration reaches target depth on its RCE-3 well

News release by Arrow Exporation Corp

facebook icon linkedin icon twitter icon pinterest icon email icon Vancouver | February 27, 2023 01:51 PM Eastern Standard Time

Arrow Exploration CEO Marshall Abbott joined Steve Darling from Proactive to share news the company has reached total depth at the RCE-3 well in Colombia's Llanos Basin with a total measured depth of 8,880 feet. The company said it encountered seven hydrocarbon bearing intervals totaling 58 net feet of oil pay.

Abbott told Proactive the RCE-3 well is expected to begin production in early March 2023. The rig will then be moved to the RCE-4 location with the intention that RCE-4 will spud within two days of RCE-3 being brought into production.

 

 

Contact Details

 

Proactive Canada

 

+1 604-688-8158

 

na-editorial@proactiveinvestors.com

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