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.

TSX:ARX - Post by User

ARC Resources Ltd > Rig availability

<< Previous

Bullboard Posts

Next >>

Comment by GunnerGon May 17, 2022 10:39pm

49 Views

Post# 34691243

RE:RE:RE:RE:RE:Rig availability

Yes Stups, Kakwa is exactly what they are working on. Try to keep up. Your about a year behind.

MyHoneyPot wrote: Wow, you read something into this and frankly i did not see it the same way.

In fact ARX is suppose to have 5% growth built into their profile and have seen zero growth.

Attachie has been shelfed by Treaty8

SunRise has been shelfed by Treaty8

The only growth is Ante Creek that has not been significant.

So it appears the logical place would be Kakwa with tons of capacity and low utilization.

Not to mention the best economics in the entire montney.

Kakwa historically has been driven by capital programs of over a billion dollars, the current capex barely keeps the play flat. (Chicken Feed)

Good thing for all these Treaty8 issues, they can finally add some significant produciton that will be immediately accretative. Then they can spend more time planning if they really want to invest in Attachie, its only been on the books for a lifetime. Sunrise dry gas is not really that exciting, is it...

IMHO