Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 MyHoneyPoton Sep 01, 2022 5:41pm
257 Views
Post# 34936726

RE:RE:Kakwa - Finally we will see some growth

RE:RE:Kakwa - Finally we will see some growthGunner your dilusional again, time to take a cold shower. 

The only reason Kakwa production was down was that oil was $40 dollars, and they could not sustain the capex spend. 

Since that time ARX Management has spend huge amounts of cash on Attachie, a project that is not even sanctions, reserved Capex for sunrise, another project that they can't sanction. 

No to mention the selloff of take away capacity at Kakwa. 

The fact that they can hardly get a drilling license in NE BC, meant the company had to redirect it efforts to Kakwa. 

Management at ARX is dismal and the only leadership they have is Hedging Losses, they are the all time champions. 

IMHO
<< Previous
Bullboard Posts
Next >>