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 > oil down 0.2% and the Oil companies tumble by a factor of 10

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Comment by topdown99on Jun 17, 2021 11:02am

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Post# 33401827

RE:oil down 0.2% and the Oil companies tumble by a factor of 10

Bank traders using the J Powel news conference as an excuse to drive prices down but it won't last . Look at today's storage injection , it was ONLY 16 bcf when estimates expected a 79 bcf injection . Inventory is almost 500bcf lower than last year at this time .

This move isn't supported by fundimentals and won't last .

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Advancing flagship Ishkõday Gold Project in Ontario