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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 MyHoneyPoton Sep 27, 2021 1:22pm
120 Views
Post# 33924564

RE:RE:RE:Condensate approaching $100 dollars

RE:RE:RE:Condensate approaching $100 dollarsIt was really funny watching Mike Harvey from RBC put Terry on the spot, when he asked the question why sink full cycle capex into Attachie when you have loads of 1/2 cycle opportunity in the best PROVEN montney play area in Canada.

I am sure you remember Terry's answer after they fumbled around a bit to come up with one, it was to reduce risk?

Wow their view of risk much be out of this world.

No production history, (RISK)
Treaty 8 Issues (RISK)
Building a Gas Plant (RISK)
Spending 700 Million dollars (RISK)
Missing out on current commodity cycle (RISK)

Those are the kind of genius answers you get from ARX management.

Maybe you should review the RBC investor day yourself.

ARC Management is Dismal.

IMHO
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