West & East Pepper (100% W.I.) – Natural Gas Production

Alberta, Western Canada

  • Low-risk, low-cost, behind-pipe natural gas discovery; gas production in a rising gas price environment in Alberta, Canada
  • Arrow tied-in the 3-26 West Pepper Montney well in December 2021 at a cost of $1.3 million, adding initial production of 1,030+ boe/d
  • 1.8 Tcf of Gas Initially-in-Place in Arrow’s Montney play*
  • Opportunity to monetize non-core Canadian assets as M&A activity is robust

* Per GLJ Petroleum Consultants NI 51-101 Report as of March 31, 2017