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 > HUGE news for ARX !!

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Comment by Quintessential1on May 04, 2022 11:03am

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Post# 34654989

RE:HUGE news for ARX !!

This could be lucrative if Corpus Christi decides to build Stage III and based on the global demand for LNG I don't see why they wouldn't.

They seem to be proceeding like they will go ahead. I wonder how they plan to ship it to Texas?

https://lngir.cheniere.com/news-events/press-releases/detail/241/cheniere-signs-epc-contract-with-bechtel-for-the-corpus

GLTA Longs

red2000 wrote: https://www.offshore-energy.biz/cheniere-signs-natural-gas-deal-for-corpus-christi-lng/

Under the IPM, ARC U.S. will sell 140,000 MMBtu per day of natural gas to Corpus Christi Stage III for a term of 15 years, starting with commercial operations of Train 7 of Corpus Christi Stage III project.

GL ongs !