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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 Beakr123on Aug 09, 2021 6:29pm
73 Views
Post# 33676033

RE:RE:Myhoneypot

RE:RE:MyhoneypotI asked you a pretty direct question and yet you still dance around it. So basically you've never contacted Arc to get any sort of clarity about your issue with flat production at Kakwa? Well here is your answer direct from IR hot off the press this afternoon:  

ARC's near term objective at Kakwa is to optimize the asset's well and pad designs to help bate the decline rate (currently about 40%, targeting a decline rate in the mid-30s). ARC is continuing on the path that 7G was on prior to the business combination, to improve the area's capital efficiencies and reduce maintenance capital requirements. Current cash flow generated from this asset is very robust and ARC plans to continue developing this asset in a disciplined manner. 
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