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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.


TSX:ARX - Post by User

ARC Resources Ltd
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Post by andy604on Jul 29, 2021 7:04pm
213 Views
Post# 33629928

Is it really that bad?

Is it really that bad?ARC
  • ARC delivered average daily production of 335,701 boe(3) per day (60 per cent natural gas and 40 per cent crude oil and liquids)(4), which was above guidance. Production in the period was impacted by planned maintenance and turnaround activities across the Company's asset base.
 spent 300m on upgrades including bringing Sunrise and 38 wells online, they stated : I will keep my shares 3rd q will repay me fully

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