ARC Liquids Rich Condensate - Gas Producer People need to appreciate that ARC is a liquids rich company, and all their majore prospects going forward are more than 50% Liquids. With the acquisiton they have defined theirselves as the LEADING CONDENSATE PRODUCER in Canada.
Their pursuit and prioritization of Attachie this confirms that objective.
Adding Attachie production to the equation would bring this daily condensate production up over 100,000 boe a day, not to shabby.This is the reason why every BOE produced by ARC resouces is equalivent to 1.5 boe produced by TOU.
Common Sense.
It seems like ARC future will be driven by the commodity enviroment, Feb 10 was when ARC announced it acquition, and prices are up like 50% since that date. There are no more 2% objective that ARC originally had that are relative.
PEDAL to the Medal for 1/2 cycle opportunity that will provide great cash flow into the future. Oil can be hedge 1 year into the future at 70 dollars US a boe, which make ARC liquids rich plays a gold mine.
ARC MANAGEMENT
If ARX management doesn't believe their new acquisition is a gold mine how do they expect to encourage investors to invest in the Company. Kakwa is a gold mine with the best economics in the entire montney, and is it half cycle to boot.
Is are job to help management understand the great investment they made?
IMHO