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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 Oct 01, 2021 9:17am
157 Views
Post# 33951447

RE:RE:Karr Information - Wells Paying Out in 4 months -

RE:RE:Karr Information - Wells Paying Out in 4 months - In the month of July, two of Top Montney Gas IP Rates were wells drilled in Karr. However we all know that Karr is a Liquids rich area so to have the top GAS IP rates is not common and suggests exceptional economics on those wells. Even with their high liquids volumes they are in the top 10 in terms of gas rates. 
  • 100/02-24-065-05/W6/00   #4 Gas   8,285 mmcf/day (54% Liquids)
  • 100/01-24-065-05/W6/00   #9 Gas   7,886 mmcf/day (54% Liquids)

I just reviewed the list of 10 wells that ARC just licensed for the Karr since Sept 22, 2021 , ARC has also licensed about 10 wells in Kakwa as well. All in the last week.  Their appears to be a real surge in activiy, like Kakwa is finally off to the races. 

IMHO


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