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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 kavern23on Jun 17, 2021 5:28pm
131 Views
Post# 33408618

RE:Pembina Cardium is sold. How much?

RE:Pembina Cardium is sold. How much?Hi TGC

It is actually more like 6,500 BOE a day now as ARC drained this asset like CPG did with their Southsask stuff.  Also why ARO is so bad...this was a FCF cow to fund other stuff.

So 6500 BOE and I thought 225m in ARO....

So I would day 60-70m if deal signed early and maybe up to 100M if talks happened abit later.

It's only a 40M FCF asset...with that ARO not going to get more then 2 times CF...sadly...the market is what it is.

I go with with 60-70 Mfor fact all cardium bidders that make sense...BNE or IPO have bank reviews that they will struggle to get through...

The thing that puzzles me the most with alot of retail investors is people not realzing how broke companies are and how hard capital is to recieve. 


Cheadle12 wrote: Serious analysis only.

10,000 BOE/d, high ARO.  What is this worth per flowing barrel?




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