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 > NG over $7

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Post by Sunsurfer12on Apr 13, 2022 3:15pm

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Post# 34601458

NG over $7

Can't believe its only a week we were below $6...ARC's going to need new wheelbarrows to carry all the cash in.

I also think there are some legs to this pricing as I just don;t see LNG pricing arbitrage between NA and Eu settling down anytime soon..combined with minimal drill bit response these price and higher are here for a while.

Now over to MHP for his comments on how much our hedging loss increased this q :)

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