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CALGARY - Arrow Exploration (LON:AXLA) Corp. (AIM:AXL; TSXV:AXL) announced Wednesday that Anthony Zaidi has resigned from its Board of Directors, effective immediately, to pursue other opportunities.
Zaidi had served as a director since December 2020 at the oil company, which operates across Colombian hydrocarbon basins.
"Mr. Zaidi has been a valued member of the Arrow team, and we wish him every success in his future pursuits," said Marshall Abbott, CEO of Arrow Exploration Corp., in a press release statement. "Anthony has made great efforts to transform Arrow from a start-up organization into an established international explorer, developer and producer."
The company credited Zaidi as being "essential to the growth and success" experienced during his tenure, which spanned over four and a half years.
Arrow Exploration describes itself as having a portfolio of Colombian oil assets that are underexploited and under-explored with high potential growth. The company operates primarily in the Llanos, Middle Magdalena Valley, and Putumayo Basin.
No replacement for Zaidi’s board position was announced in the company’s statement.
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