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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 6:49pm
60 Views
Post# 33676107

RE:RE:RE:RE:Myhoneypot

RE:RE:RE:RE:MyhoneypotI guess that depends on if you want to make a quick buck now or if you want something sustainable and long term with a dividend. Seems like the responsible thing to do in my mind. Those are some hefty declines and decreasing those along with maintenance cost is only more money back to investors. A much different story but look up Ladyfern if you want an example of bad management of an asset. Popping hole after hole into the same formation has its limitations especially when well placements are so concentrated.
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