RE:RE:Keep an eye on Arc ResourcesPage 17 of the annual information form states
Attachie, British Columbia
The Attachie area is located approximately 59 kilometres west of Fort St. John in British Columbia. Crew’s operations target liquids-rich natural gas from the Montney formation. At December 31, 2020, the Corporation had no producing gas wells or oil wells in this area. Crew did not drill or complete any wells in the Attachie area in 2020. The Corporation plans to drill one (1.0 net) lease retention well in the area in 2021 which would conclude the lease preservation program in the area. This well is not planned to be completed and brought on-stream in the near future. As at December 31, 2020, the Sproule Report assigned proved plus probable reserves of 6,714 Mbbl of NGL and 163,964 Mmcf of conventional natural gas to Crew’s interests in the Attachie area. At year-end 2020, the Corporation owned
34,605 net acres of land with an average working interest of 96.3% in the area.
PonyBoyOutsider wrote: Question: Does anyone know how much acreage Crew has at Attachie? Just wondering if that piece were to be sold off what it might mean for the balance sheet if applied to debt. Thanks, PBO