NG priceIn Arc's July Presentation there are several price scenarios each with their associated debt estimate. Their most optimistic scenario was with WTI at $60 and Henry Hub at $2.90. WTI has been almost continuously above $70 U.S. for some time now and Henry Hub is around 4.09 U.S., which is about $5.13 Canadian! Arc break even is around $1.75 Canadian? The year end debt projection of $1.3 billion approximately at $60 WTI and $2.90 Henry Hub, will be blown away if Arc, erring on the side of caution, throws all of its FCF towards the debt. A powerful heat wave is spreading across very broad areas of the U.S. this week which will require a certain amount of gas for air conditioning purposes. It is hard to see how near term injection levels will be as large as required to bring late year inventory up near average levels.I bought some more shares yesterday also. Arc management must be giggling into their whiskers as they contemplate this bonanza.