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 > Shale giants say they won't drill more

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Comment by Grandcentralon Feb 18, 2022 9:23am

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Post# 34441322

RE:Shale giants say they won't drill more

Another good article

Frackers Hold Back Production as Oil Nears $100 a Barrel

Prices are the highest since 2014, but top shale companies like Devon and Pioneer are choosing to grow slowly rather than drill more

https://www.wsj.com/articles/frackers-hold-back-production-as-oil-nears-100-a-barrel-11645150760

Quintessential1 wrote:

"Not even US$200 a barrel"
This bodes well for NG and NG liquids producers even more.

https://www.bnnbloomberg.ca/not-even-us-200-a-barrel-shale-giants-say-they-won-t-drill-more-1.1725261