Arrow Exploration Q2 2026 earnings rise on higher Tapir output, stronger crude prices, company says

Reuters2026/08/27 14:47

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Arrow Exploration posted Q2 2026 net income of USD 10.36 million on USD 34.22 million revenue net of royalties.
Higher crude output from the Mateguafa Attic, new Icaco field volumes, drove a 30% rise in production to 4,902 boe/d.
Stronger oil pricing lifted realized corporate pricing to USD 89.65/boe, supporting a corporate operating netback of USD 63.42/boe.
Operating costs were USD 6.56 million; per-boe costs fell 24% versus Q2 2025 due to higher volumes from Mateguafa.
Cash was USD 28.5 million with USD 14.51 million working capital; no debt outstanding, with an undrawn USD 20 million prepayment facility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arrow Exploration Corp. published the original content used to generate this news brief on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Arrow Exploration Q2 2026 earnings rise on higher Tapir output, stronger crude prices, company says

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