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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 26, 2021 1:40pm
216 Views
Post# 33920845

Arc torque

Arc torqueMHP pointed out last week the windfall resulting from high condensate prices. Gas, oil and even all the natural gas liquids are trading at very attractive prices. Arc should continue to trade very strongly, with only a few days left in Q3. Maybe I overreacted last week suggesting that the suddenly wealthy due to Arc, keep their newfound wealth a secret from their wives. Keeping secrets from wives is not a good long term strategy. Perhaps you should buy her a few baubles or trinkets to simulate good will. Those of you who forgot to have a mid life crisis should perhaps buy a motorized 3 wheeled tricycle and ride around with your grandmotherly wives. Younger men, who believe they don't have sufficient orifices in their head, could  get extra holes drilled, and hang some heavy pieces of precious metal from their ears, lips or eyebrows. A tattoo also screams newfound wealth. If a butterfly is too feminine, maybe a rifle or snake or even a dollar sign $ would be more appropriate. These are the good old days my friends!
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