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 > TOU is up 2.68

<< Previous

Bullboard Posts

Next >>

Comment by uncutgemson Sep 15, 2021 2:32pm

120 Views

Post# 33862966

RE:RE:RE:RE:RE:TOU is up 2.68

yeah it seems to me kakwa prints money at these prices. not sure why they aren't more aggresive with it at the moment.

Shaleguy wrote: Uncut you are absolutely correct. The capital efficiency concept is recycle ratio. At 50 bucks Kakwa had a recycle ratio of 1.5 which is mediocre. At 90 dollars condy it's much much higher And yes a gas well with a recycle ratio of 2 is better than a recycle ratio of 1.5. In the vii got their capex down to 6.5 from 11.5 million under Holt.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario