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 > Kakwa - Finally we will see some growth

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Comment by Volkommon Sep 06, 2022 1:08am

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Post# 34943013

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

Arc management did sit on their hands for back end of '21 and early '22 until redeploying en masse to Kakwa. Not necessarily a bad thing as $$ went to debt and shares.

The infrastructure is too big for the acreage that's left so they can't just drill baby drill.

I don't doubt for a second that the minute BBFN is resolved they do a burn out from Kakwa straight to Attachie & Sunrise. I'm at a loss for why they're so hell bent on these projects. Yes, they're very good but why not get your current assets up to par before starting another area?

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