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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

Energy Oil & Gas E&P
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

ARC Resources Ltd
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Comment by George98on Dec 19, 2019 2:49am
96 Views
Post# 30471401

RE:All positive

RE:All positive
George98 wrote: 1) June 21, 2019, Alberta freezes oil royalty structure for ten years.
2) July 1, 2019, Alberta reduced its corporate income tax rate to 11% from 12%.
3) November 8, 2019, Alberta is easing restrictions on curtailment for oil and gas companies.
4) January 1, 2020, Alberta will reduce its corporate income tax rate to 10% from 11%, as planned.

with my thanks to YGR board posters-



Outlook 'brightened' for Alberta oil production, Conference Board of Canada says

'We think this is going to be a bit of turning point for Alberta in 2020'



https://www.cbc.ca/news/canada/calgary/statistics-canada-conference-board-economy-energy-recession-forecast-1.5399257?cmp=rss
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