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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its 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. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.


TSX:ARX - Post by User

Comment by HalfFullon Dec 22, 2021 4:26pm
108 Views
Post# 34256049

RE:Kakwa is better than POU Karr....

RE:Kakwa is better than POU Karr....

"I have no idea of the costs to build out Kakwa Infastrucutre, but my guess is north of 2 billion dollars"  - Correct

"Really management is pissing in the wind, throwing 75 million at attachie, giving shareholder very little information on returns." - I worked for 7G in a senior manager role, spent 3 months at ARC after the acquisition, and in September I divested half my shares in ARC, totalling roughly 25,000.  I'm ok keeping my current investment in ARC, in hopes that a miracle happens and they at some point realize they have possibly the worst management team in the Canadian industry and switch it up.  

My profits were invested into POU to bolster my then 27,000 shares, with some small investments into BTE and VET.  

 

 

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