RE:Is it any wonderTopdown your really are not here for investment reasons (Boom Cha Boom), please take off your cheerleader costume, people want to discuss investment ideas, things like well results and well payouts, you have nothing to contribute of your own, zero, and you don't know how to research yourself, ARC management is bad and they are destroying the best assets in the entire montney.
Paramount, who owns the adjacent lands, has well pads with individual wells averaging almost 2200 boe per well, they have published DCET costs of 6.1 MM/well, and the 3-10 pad that they brought on to production in February paid out in 4 months, and what was the oil price in February when it came on? If it would of come on in June it would of paid out in 3 months. Paramount doesn't own their facilities so ARX should have a cost advantage, do you understand this TopDown?, or is it simply way above you, I Know, i have hit the nail on its head, your not here to invest in oil and gas stocks !! your here for another reason, Of course...
ARC's manage is pursuing 2% decline reductions on well pads that pay out in 4 months is unheard of. This sounds like an intelligent management team? Hardly
ARC Karr well are 7 or the top 10 Montney producing liquids rich wells.
Management at ARC is way over it head, time for a new management team.
IMHO