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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 MyHoneyPoton Dec 01, 2022 6:12pm
258 Views
Post# 35144752

RE:RE:ARX's Free Cash flow in 2023 will be low.

RE:RE:ARX's Free Cash flow in 2023 will be low.It is really a challenge when you have to plan to drill 73 well at Kakwa to maintain 190,000 - 200,000 boe a day and you drill 56 wells in the Greater Dawson area for 83,000 boe/day (5 Postage stamp areas)

To bad the Dawson economics are so inferior. 

Capital Expenditures & Production

It is so sad to see billions of dollars of Infastructure in idle mode at Kakwa, while they are electrifing the planet. Maybe they need to hire someone from CNQ to run a efficeint operation, they did but he departed because he simply did not fit into ARX culture. 

IMHO
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