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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 Quintessential1on Jun 12, 2021 12:46pm
90 Views
Post# 33377847

RE:RE:RE:Kakwa Acquisition - shelving 50% of your asset base

RE:RE:RE:Kakwa Acquisition - shelving 50% of your asset baseSo you want to sell all of the inventory on a 25% increaesed costs basis when oil futures are being projected at $100 per barrel and NG at over $4 this winter?

I'll take the 25% increase in profits with no added expense and the added reserves that Attachie brings for the win

This is the reason why we hired this management team and not you.

Hey maybe we could strip out all the copper wiring from the plants and sell it at the increased copper prices right now too.  This is what short sighted people do.


MyHoneyPot wrote: Thats is really poor and dismal thinking and a poor operational perspective, they are missing opportunity and robbing shareholder of CF and share value. They can refine operations and take the cash at the same time and get PAID for it. Wakeup man.

More opperational thinking, rather than having a management team that is strategic in nature and can create share holder value.

Oil is over 71 dollars, condensate 72 U.S. or condensate approaching 87 dollars canadian, and you want to take out your caculator and firgure out if we are loosing 20 cents a boe in operational costs. 

OMG time to get people that can execute and seize an opportunity.

IMHO


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