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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 Quintessential1on Dec 29, 2022 9:51pm
119 Views
Post# 35196427

RE:RE:RE:RE:Why is Nat Gas price falling so hard?

RE:RE:RE:RE:Why is Nat Gas price falling so hard?This is probably where the confusion comes in.  It exports 20% of the US LNG.

To do this it uses 2% of the NG produced in the USA.  Both are sizeable amounts.

GLTA ARX BULLS


downwithdotcom1 wrote: its pretty close for EXPORT, although another facility is in commissioning as we speak and others are under  construction but as of a few months ago see below..dwdc


"Freeport LNG accounts for 20% of the United States' total LNG export capacity, capable of processing 2.1 billion cubic feet of gas per day."


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