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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 Oct 25, 2022 11:17am
297 Views
Post# 35046634

No Arbitration with Blueberry First Nations

No Arbitration with Blueberry First Nations ARX, has spend how many dollars and how much energy in NE B.C. and has made zero progress over the past number of years, and are really going backwards when you consider Sunrise, and the capital spent with no production gains. 

They can't get well licenses.

They can't move forward with predictable resouce development.

They can't have a plan that can be executed. 

Is this all going to be solved in arbitration with First Nations?, likely not it going to be an ongoing saga until they cut the first nations into all the projects. 

Attachie now with rusting infastructure, Sunrise another project with capex an no permits. 

You can't get a well license in NE BC, and i hardly think they will be able to maintian production pretty soon.

Time to move on, again. 

IMHO
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