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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

Post by MyHoneyPoton Apr 29, 2022 8:35pm
169 Views
Post# 34644181

Avoid the real issue Gunner

Avoid the real issue Gunner
With POU they are not buying back shares, unless it is oportunistic, just like TOU. You can take it out of context if you want but i have a direct line to JR, and talk to him on a regular basis. 

I have followed the Kakwa assets befor VII generations even owned them, and before ARX got their grimmy hands on them. 

Wells at Kakwa can payout pretty fast, 35% condensate 24% NGL liquids 42% gas   

100wti  45 NGL  $4 gas  U.S  =   Kakwa = 85/boe  CF Canadian

2000 boe/day,  - Kakwa well, 30 dollars (Op costs + royalities) (Likely High, Best Guess)

Netback $55 dollars

6,000,000 / 55  = 70600 boe  = 54 days to Cashflow 6 million dollars

Payout in less than 60 days a 6 million dollar well, 90 days pretty well for sure. 
  1. Tell me they are getting better returns buying back their shares?
  2. Attachie 75 million dollar investments
  3. Sunrise dry gas 125 million dollar investment
Rampup at kakwa is the inteligent decision here where in 2021 70% of POU wells had more than 6X return and 20% had more than 8X return, and in 2022 the commodity prices are a lot better could get 10X return on investment and have wells that pay out in less than 3 months. .

WCP just confirmed Kakwa results with their latest wells, but ARX is going to take a few years to figure this out?

Yikes

IMHO

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