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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 uncutgemson Aug 09, 2021 2:05pm
128 Views
Post# 33672753

the reason arx is holding production flat

the reason arx is holding production flatSubject to Board approval, ARC is ready to sanction Attachie West Phase I once its debt reduction targets are met.

Isn't this interesting. ARX has to delay growth until it reduces debt. I have to think that this is the reason why they aren't growing Kakwa either.

This statement is from page 22 of the latest presentation. 


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Dealroom for high-potential pre-IPO opportunities