esg independent report on bow, page-18

SF,

On the question of flow rates: I see a lot of opinions on what is a good and bad flowrate.

I read in the past Arrow were acheiving 450 scf/day from their commercial spider wells which consist of 4 to 6 laterals from a common infrastructure point. The configuration I understood minimised cost of drilling as only one drill pad / rig was required during construction and the platform I would think would be classed as one well in Arrow's production figures.

If this is the case the flow rates for a single lateral test well by Bow may not be too far off the mark.

Just a thought.

Regards DB