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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canada-based energy company. The Company's activities are focused on the exploration, development, and production of unconventional natural gas, condensate, Natural gas liquids (NGLs), and crude oil in western Canada. The Company's assets are located in the Montney region in Alberta and northeast British Columbia. The Company’s operations in Alberta are located near Grande Prairie and the region includes Kawka and Ante Creek. Kawka is a premium condensate-rich and high-deliverability natural gas play with top-tier development opportunities. The Company’s operations in northeast British Columbia feature low-emissions assets and are strategically connected to third-party egress and hydroelectricity. The Company’s operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland 3-9.


TSX:ARX - Post by User

Comment by Beakr123on Aug 09, 2021 6:29pm
65 Views
Post# 33676033

RE:RE:Myhoneypot

RE:RE:MyhoneypotI asked you a pretty direct question and yet you still dance around it. So basically you've never contacted Arc to get any sort of clarity about your issue with flat production at Kakwa? Well here is your answer direct from IR hot off the press this afternoon:  

ARC's near term objective at Kakwa is to optimize the asset's well and pad designs to help bate the decline rate (currently about 40%, targeting a decline rate in the mid-30s). ARC is continuing on the path that 7G was on prior to the business combination, to improve the area's capital efficiencies and reduce maintenance capital requirements. Current cash flow generated from this asset is very robust and ARC plans to continue developing this asset in a disciplined manner. 
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