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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 Dec 22, 2021 9:08pm
129 Views
Post# 34256758

RE:RE:RE:RE:RE:Is it any wonder

RE:RE:RE:RE:RE:Is it any wonderPOU, I have been an investor a long time, and it has done me very well. In fact that why i am very familiar with the history around Karr. POU is a very large holding for me. 

Nuvista, i bought in when POU bought in because i knew they were not going under, the management very much over extended the company and they come through by the skin of their teeth, i feel it will take them years to figure out pipestone it is really early days, i did not want pou to buy them, because of their debt.  POU still owns 20% and if management was willing to work with POU, my guess they would be part of pou, now POU is going to dump 40 million shares of NVA, good luck, 20% of the float is in the hands of an owner that doesn't want to own it anymore.

Painted Pony, they always under performed their forecasts and the gas plant deal take or pay  limited them from moving to more liquids rich pay areas. Their dry gas was good, but they underperformed, and i loved the stock for a while until they gave me reason to bail, and i did. Pat Ward i know, and don't like how they sold out shareholders to CNQ.

I have been investing and working with oil and gas technology for many year, land and data companies, and service companies. 

IMHO


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