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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 BigJakeon Jan 12, 2023 11:02am
135 Views
Post# 35218432

RE:RE:Liquids Rich- Think Arx Resources

RE:RE:Liquids Rich- Think Arx Resources
Squint1 wrote: What are the relative decline rates between TOU and ARX ?   Does this offset some of the $ generated per boe ?  

Decline rates are difficult to compare between these two companies because they have very different reserves. Tou is essentially a dry gas producer and Arx production is liquid rich. Wet gas tends to have higher decline rates but higher initial profits 
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