RE:RE:RE:Top Well Report - ARX Crushing ItSavings was 50 cents per boe but I thought payback was 2 years. Regardless, imagine 50 cents for each and every boe from now until it is dry. How many hundreds of millions is that going to be for us. Great move ARC.
It may look like a waste of money to the uninformed but the IMAGE of NG and OIL is certainly being improved when management has a vision to improve ESG. I read recently the 5 big producers in oil sands are looking into carbon capture. Likely not to add a penny to their bottom line but a necessary fact of life in today's environment. ARC does it and makes the shareholders hundreds of millions.
Go Arc go