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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

Comment by Trappedon Apr 09, 2021 1:03pm
208 Views
Post# 32967373

RE:Coiled Spring

RE:Coiled SpringAgreed. I would have assumed closing the transaction would have been the catalyst because, despite VII's debt, it removes uncertainty and this really was a tremendous acquistion for ARX from a strategic perspective.

Clearly the market is waiting on Q1 financials and, more importantly, updated production guidance for the combined company.

That day is coming soon. Cheers and GLTA investors.
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