ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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.

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ARC Resources Ltd > Oil up $3.50. Arx up .24 cents

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Comment by Quintessential1on Feb 11, 2022 5:00pm

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Post# 34422008

RE:RE:RE:RE:RE:Oil up $3.50. Arx up .24 cents

Sorry that should read TTF NG pricing not TIFF

Quintessential1 wrote: No VET has Irish and Dutch NG fields along with oil assets in France, Germany and Croatia. They are exposed to TIFF NG pricing and Brent and the Russian threat of cutting of their supplies is why their prices and VET's SP spiked.

Unfortunately ARX will see little uptake in NG pricing from a skirmish in Europe unlees the US keeps shipping LNG like it is going out of style...and they are.

GLTA Longs

prested wrote: What is meant by European 'exposure'? If Russia is rash enough to invade Ukraine, and with a nutter like Putin tiu never know, then it will trigger a response fromthe EEC and Nato. The Russians will respond by cutting off gas to western Europe, maybe. That will be an opportunity IMO not a threat. The Russian Roulette (pun intended!) of them shutting off gas supplies in winter to the west means they will be reducing their revenues at a time when they are dire need of them. It is Russia that is 'exposed".