Mr. Marshall Abbott reports

ARROW ANNOUNCES BLOCKLISTING UPDATE

Arrow Exploration Corp. has provided the following update in accordance with Schedule Six of the AIM Rules for Companies regarding its existing blocklisting arrangements.

For further Information, contact:

Arrow ExplorationMarshall Abbott, CEO+1 403 651 5995Joe McFarlane, CFO+1 403 818 1033

Brookline Public Relations, Inc. Shauna MacDonald+1 403 538 5645

Canaccord Genuity (Nominated Advisor and Joint Broker)Henry Fitzgerald-O'ConnorJames AsensioGordon Hamilton +44 (0)20 7523 8000

Auctus Advisors (Joint Broker)Jonathan Wright Rupert Holdsworth Hunt+44 (0)7711 627449

Camarco (Financial PR)Georgia Edmonds Rebecca WaterworthBilly Clegg+44 (0)20 3781 8331

About Arrow Exploration Corp.

Arrow Exploration Corp. (operating in Colombia via a branch of its 100% owned subsidiary Carrao Energy S.A.) is a publicly traded company with a portfolio of premier Colombian oil assets that are underexploited, under-explored and offer high potential growth. The Company's business plan is to expand oil production from some of Colombia's most active basins, including the Llanos, Middle Magdalena Valley (MMV) and Putumayo Basin. The asset base is predominantly operated with high working interests, and the Brent-linked light oil pricing exposure combines with low royalties to yield attractive potential operating margins. Arrow's 50% interest in the Tapir Block is contingent on the assignment by Ecopetrol SA of such interest to Arrow. Arrow's seasoned team is led by a hands-on executive team supported by an experienced board. Arrow is listed on the AIM market of the London Stock Exchange and on TSX Venture Exchange under the symbol "AXL".

An anonymous director reports