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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

Post by Shaleguyon Dec 31, 2021 2:46pm
314 Views
Post# 34274675

2022 Prices

2022 PricesOil looks good as futures have bounced back to a 12 month strip of $75 dollars Gas not looking good as last two draws were quite weak. I think they call it the widow maker which signals a drop in prices in February. We have gone from about 300 bcf below the five year average to about 75 above since Nov first. Sooooo... The next two or three draws will be key. The long range forecast looks warmer in the north east and south east which has the majority of American population. But the La Nina pattern looks strong. Fingers crossed by that PV moves east otherwise gas could drop to the mid three twenties. Don't believe it. Well in November we thought gas in the sixes was possible.
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