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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

Post by MyHoneyPoton Aug 24, 2021 11:18am
133 Views
Post# 33754689

Put everything on hold for Attachie

Put everything on hold for Attachie

That is what the company is telling shareholders, Attachie is the priority.

Its ahead of a meaningful dividend.
Its ahead of share buybacks.
Its ahead of 1/2 cycle high netback production additions.

Management ignores the Treaty 8 risks associated with Attachie. 
Attachie is all Terry can think about or dream about, and it will consume this company. 

Management is telling the 61% of the investors in the company to turn their back on Kakwa, let a billion dollars worth of infastructure rot away, and ignore the 50,000 plus boe a day of lost opportunity while they pusue the pipe dream of the pied piper. (2 years of Purgatory imposed by Arc Management is my guess)

Isn't that right, just ask the cheer leading squad. (Rah Rah - Pom Pom) 

IMHO
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