--News Direct--
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
View source version on newsdirect.com: https://newsdirect.com/news/arrow-exploration-reaches-target-depth-on-its-rce-3-well-913382967
