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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
Comment by CarlosDanger69on Apr 17, 2020 12:18pm
223 Views
Post# 30922291

RE:Will ARX Benefit By The Orphan Well Subsidies Offered Today?

RE:Will ARX Benefit By The Orphan Well Subsidies Offered Today?No this does not help Arc at all. Orphaned wells are wells that the government now 'owns' because the previous operator went into bankruptcy. All of these Trudeau Dollars will go to the Oprhan Well Association, which enjoys minimal oversight and very little accontability on costs. No operating oil and gas company will benefit from this 'help' from Trudeau.
Bullboard Posts