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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 retiredcfon Apr 13, 2022 11:16am
164 Views
Post# 34600398

Senator Manchin

Senator Manchin

MANCHIN CHEERS CANADIAN ENERGY

Joe Manchin, the Democrat senator from West Virginia, said he wants to invite Alberta Premier Jason Kenney and a delegation from the province to testify before the Senate Energy Committee on Capitol Hill to inform U.S. lawmakers about “what you do…and how well you do it” in a bid to steer the U.S. away from oil imports from OPEC nations. Manchin, who has decried the Biden administration’s decision to effectively kill Keystone XL, also told reporters in Calgary late yesterday afternoon that he “can’t guarantee” any Canadian company would be willing to invest in a project like that again, nor that the White House would reconsider that type of cross-border pipeline. “That rubbed me wrong,” Manchin said about the White House looking to OPEC nations instead of North American oil sources.

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