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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

Post by MyHoneyPoton Jan 04, 2023 2:39pm
171 Views
Post# 35203312

Does Kakwa look short on Opportunity it didn't in 2018

Does Kakwa look short on Opportunity it didn't in 2018User image

ARX simply does not talk about the Deep Southwest and the 315 section land block they have there.

1400 locations in 2018, and still more than 1000 conservatively booked as of the last confrence call for Kakwa. 

Wapiti is a very prolific area, and very liquids rich, look at POU wapiti wells, very competative with Kakwa economics. 

Sunrise
Now look at ARC postage stamp play areas in NE BC, all that noise about sunrise and it is only 35 section of land, a little over 22,000 acres. 

Greater Dawson 150260 Acres ( 234 sections) Postage stamps
  • Septimas
  • Parkland
  • Dawson
  • Tower
IMHO
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