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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 Jan 04, 2023 11:17am
187 Views
Post# 35202736

Kakwa historically has produced 220,000 boe/day

Kakwa historically has produced 220,000 boe/day
How inteligent is your management team who put a production cap on kakwa at 180,000 boe a day, in a 120 dollar oil, 6 dollar gas enviroment. 

Rather then see growth potential in Kakwa, shareholder she Kakwa a production cap at 40,000 boe below historical production levels?

With BC shut down and all we hear it two years from whenever and after a spend of 700 million dollars+ Attachie will make up that 40,000 boe day.

Like is said before a bird in the hand is worth two in the bush and management has essentially made ARX resouces a company with zero projects they can deliver on.

Time for a new Management Team.

IMHO 
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