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.

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ARC Resources Ltd > LNG Export/West Coast ;>)

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Comment by stocktalkon Mar 25, 2021 4:59pm

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Post# 32881122

RE:LNG Export/West Coast ;>)

TimeBuilder wrote: Copy from the ALA.T BB Interesting Numbers IMO
Agree we DO need more exporting ports on the west Coast of Canada.
Time Will Tell We are long term holders (investors) in BOTH ARX.T & ALA.T ).

Ferndale Port --Altagas Export Terminal

Vessel Captain Markos tanker left FERNDALE port on Sat. Mar20th 10am....a 4 day fill period. Next LPG tanker Corvette is expected to arrive in a period of 10 days between tankers.....Mar26th in time to be included for the 1st qtr

The Ferndale port has been increasing its throughput over the last few months from 30k to 43k bbls/day. In order to increase throughput beyond 50k bbl/day, Altagas will need to find additional US propane customers in the area….. maybe from the Bakken field area to export more propane than what is allocated on the Canadian export license. Canadian export licence is 46k/day.

Arrival Departure Vessel TYPE      GT Barrels    Days between  Ave Rate
Arrivals throughput
Jan29     Feb4 Captain Markos LPG 47173 599,000
Feb17 Feb21 Cratis LPG 48963 622,000 19
Mar2    Mar7 Clermont LPG 47379 602,000 13
Mar16     Mar20 Captain Markos LPG 47173 599,000 14
Mar26 Corvette LPG 48060 610,000 10 43.3k/d

*Assuming 12.7 barrels / metric tonne
*606,400 barrels /14.0days= 43.300 barrels / day implied throughput rate of Ferndale. Using running average over 4 fill periods.

Nameplate capacity 50k/day
Canadian Export license : 46k/day
Calculated rate of export :43.3k/day
US Export licence not required (?)