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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

Comment by Volkommon Jul 04, 2022 2:22pm
185 Views
Post# 34799762

RE:RE:RE:Q2 Surprizes, hopes there is no more downside....

RE:RE:RE:Q2 Surprizes, hopes there is no more downside....I get what you're saying and completely agree. The name of the game right now is balance sheet and shareholder returns.

But they can't fill that plant to 100% for the extended future. There is a bit of a reserves issue at Kakwa. But we all know that as soon as Sunrise/Attachie is a go Kakwa will get dumped out with the bath water.
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