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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 Farmer12on Sep 10, 2021 10:15am
168 Views
Post# 33839417

Energy demand

Energy demandContrary to eco doctrine, fossil energy seems to still be in high demand. This despite COVID, being in shoulder season and the reduced air traffic volumes. When winter heating season is reached prices could climb higher, with OPEC+ being a wild card with a lot of spare capacity. There seems to be more interest in Arc this morning. Maybe the bean counters, with their spreadsheets, have actually started crunching the numbers. 
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