Your Partner for Growth, Hybridan

Hybridan

Your Partner for Growth

Our passion is raising growth capital for exciting, fast growth companies that want to take their business to the next level. We raise capital for companies both listed and unlisted in the most efficient manner possible and pride ourselves as being one of the few consistently profitable broking firms in the City. This has been achieved through a highly disciplined approach when seeking to create both corporate and institutional relationships.

Equity Bottom-Up

<ul>
<li>Arrow Exploration Corp 11.75p £38.59m (AXL.L) The high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins updates on drilling at Mateguafa Oeste-1, on the Tapir Block in the Llanos Basin where Arrow holds a 50% interest.</li>
<li>The exploration well was spudded on September 21 and reached target depth on September 26.</li>
<li>The primary targets were the sands of the Ubaque formation which have been prolific producing reservoirs in the nearby Carrizales Norte field. </li>
</ul>


Arrow Exploration Corp 11.75p £38.59m (AXL.L) The high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins updates on drilling at Mateguafa Oeste-1, on the Tapir Block in the Llanos Basin where Arrow holds a 50% interest.
The exploration well was spudded on September 21 and reached target depth on September 26.
The primary targets were the sands of the Ubaque formation which have been prolific producing reservoirs in the nearby Carrizales Norte field. 


Equity Capital Markets and Advisory Business, Auctus Advisors

Auctus Advisors

Equity Capital Markets and Advisory Business

Auctus Advisors is a specialist Equity Capital Markets and Advisory business with a focus in the Energy Sector. The partners have complementary skill sets, with decades of experience across Equity Capital Markets, Investment Banking and the Energy industry. We have worked at Société Générale, Canaccord Capital, BMO Capital Markets and Schlumberger. Most recently we have worked together for many years at GMP FirstEnergy. Auctus has been set up at the beginning of a new decade in which we see significant opportunities in the Energy space. Globally, demand for energy is at record levels and continues to grow. Conversely, investment in traditional energy sources has been severely constrained. We believe this imbalance creates opportunities for both companies and investors. Auctus provides Corporate Broking, Equity Research and Investment Banking services.

<ul>
<li>The Mateguafa Oeste was water wet. Our ReNAV for the well was £0.09 per share.</li>
<li>We did not carry any production from this prospect in our cash flow forecast.</li>
<li>The rig will now move to Mateguafa Attic where the Mateguafa 5 vertical well will be drilled in November. </li>
</ul>


The Mateguafa Oeste was water wet. Our ReNAV for the well was £0.09 per share.
We did not carry any production from this prospect in our cash flow forecast.
The rig will now move to Mateguafa Attic where the Mateguafa 5 vertical well will be drilled in November. 


Arrow Exploration Corp. (AIM: AXL): Dry Hole at Mateguafa Oeste but Three More Prospects to Drill

<ul>
<li>Current production exceeds 4,800 boe/d, marking an increase of approximately 600 boe/d since the last reported figure on 28 August.</li>
<li>This uplift reflects the contribution of two new wells brought online.</li>
<li>CN HZ13 is producing ~1,000 bbl/d gross (~500 bbl/d net) from the Ubaque reservoir, with a water cut of 32%.</li>
</ul>


Current production exceeds 4,800 boe/d, marking an increase of approximately 600 boe/d since the last reported figure on 28 August.
This uplift reflects the contribution of two new wells brought online.
CN HZ13 is producing ~1,000 bbl/d gross (~500 bbl/d net) from the Ubaque reservoir, with a water cut of 32%.


Arrow Exploration Corp. (AIM: AXL): Potential reserves addition in the C7. High impact drilling to start mid-September

<ul>
<li>2Q25 production averaged 3,768 boe/d, impacted by water handling constraints and steeper-than-anticipated early declines at newly drilled wells.</li>
<li>Current WI production stands at ~4,200 boe/d, down from the July peak of 4,600–4,800 boe/d, which reflected initial flush output from AB-HZ5 and AB-HZ4.</li>
<li>While first-month decline rates are steep, Arrow has observed that post-month-one declines are minimal.</li>
</ul>


2Q25 production averaged 3,768 boe/d, impacted by water handling constraints and steeper-than-anticipated early declines at newly drilled wells.
Current WI production stands at ~4,200 boe/d, down from the July peak of 4,600–4,800 boe/d, which reflected initial flush output from AB-HZ5 and AB-HZ4.
While first-month decline rates are steep, Arrow has observed that post-month-one declines are minimal.


Arrow Exploration Corp. (AIM: AXL): High impact exploration drilling in 2H25

<ul>
<li>Current production ranges between 4,600 and 4,800 bbl/d driven by strong performance from two new horizontal wells at Alberta Llanos (AB).</li>
<li>AB-HZ5, onstream for ~2 weeks, is producing 1,790 bbl/d (895 bbl/d net to Arrow), while AB-HZ4, online for over a month, continues to produce 880 bbl/d (440 bbl/d net).</li>
<li>Both wells are outperforming expectations in terms of flow rates and pressure, which may positively impact reserves estimates.</li>
</ul>


Current production ranges between 4,600 and 4,800 bbl/d driven by strong performance from two new horizontal wells at Alberta Llanos (AB).
AB-HZ5, onstream for ~2 weeks, is producing 1,790 bbl/d (895 bbl/d net to Arrow), while AB-HZ4, online for over a month, continues to produce 880 bbl/d (440 bbl/d net).
Both wells are outperforming expectations in terms of flow rates and pressure, which may positively impact reserves estimates.


Arrow Exploration Corp. (AIM: AXL): AB wells deliver flow rates above expectations

Canada

Arrow Exploration is a Canadian junior oil and gas company focused on the acquisition, exploration, development, and production of crude oil and natural gas properties. The company operates in two segments: Colombia, its core area of operations, and Canada. Its primary assets are in Colombia's Llanos and Middle Magdalena Basins. The company was formed in 2018 and is headquartered in Calgary, Canada.

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Arrow Exploration (AXL LN)

Hybridan Small Cap Feast: 01/10/2025

he high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins updates on drilling at Mateguafa Oeste-1...

Hybridan

Arrow Exploration Corp. (AIM: AXL): Dry Hole at Mateguafa Oeste but Three More Prospects to Drill

The Mateguafa Oeste was water wet. Our ReNAV for the well was £0.09 per share. We did not carry any production from this prospect in our cash flow...

Auctus Advisors

Arrow Exploration Corp. (AIM: AXL): Potential reserves addition in the C7. High impact drilling to start mid-September

Current production exceeds 4,800 boe/d, marking an increase of approximately 600 boe/d since the last reported figure on 28 August.

Auctus Advisors

Arrow Exploration Corp. (AIM: AXL): High impact exploration drilling in 2H25

2Q25 production averaged 3,768 boe/d, impacted by water handling constraints and steeper-than-anticipated early declines at newly drilled wells.

Auctus Advisors

Arrow Exploration Corp. (AIM: AXL): AB wells deliver flow rates above expectations

urrent production ranges between 4,600 and 4,800 bbl/d driven by strong performance from two new horizontal wells at Alberta Llanos (AB).

Auctus Advisors

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