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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 uncutgemson Dec 17, 2021 12:05pm
176 Views
Post# 34240957

RE:RE:RE:RE:RE:Seven Million Shares - 1% - 10-20 cents a share added value

RE:RE:RE:RE:RE:Seven Million Shares - 1% - 10-20 cents a share added valueshaleguy thanks for your input on this. that explains a lot and I appreciate the technical details. I followed POU during the building of that plant and I remember it was one nightmare after another. And they took on huge debt to build it.

I understand arx inherited the take or pay and it may not even be an ideal gas plant for their production. Unfortunate, but in the scheme of things not the end of the world by any means.

You mentioned attatchie again. I really wish there was way more disclosure on the project. The initial results are very liquids heavy. But like you, it appears to me that the block of land is on drier side of the trend. I am not sure one can extrapolate the initial results, to the entire project.

I know crew has some land adjacent and they are not drilling it yet either. They don't think it's as good as where they are currently drilling which is in the Septimus area. Either that of they don't have the infrastrucutre in place, which in all likelihood would be expensive to build out. Thanks again Shaleguy for your knowledge!
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