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Arrow Exploration pushes past 6,500 barrels of oil equivalent per day and keeps drilling
Oil is back near triple digits. Brent crude, the international benchmark, closed at US$109.78 a barrel on October 23, up about 81% since January. Conflict in the Middle East and tanker attacks in the Strait of Hormuz have pushed seaborne crude to a steep premium, and producers paid on Brent-linked prices are capturing that gap. That environment rewards a specific kind of company. Investors are favouring producers that can add barrels quickly, keep costs low, and fund growth without borrowing. Arrow Exploration Corp. checks all three boxes.