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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

Bullboard Posts
Post by canneon Nov 21, 2018 11:22am
88 Views
Post# 29004749

LNG

LNGIt seems the Shell LNG facility will source most or all of its gas from the companies that own the LNG project - al least the first "Train". However, this will take a lot of gas off the market and all the gas producers should benefit. The bigger benefit will come when the LNG is expanded and local producers will sell into the LNG project. Arc seems to fly under the radar but is a very progressive company that minds its businesses and keeps its financial house in order. I am way under water on this one but think the future will be brighter within the next few years.
Bullboard Posts