ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

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

ARC Resources Ltd > ARX is sitting on a lot of Cash - West Coast Gas Prices

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Comment by Quintessential1on Jan 25, 2023 5:20pm

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Post# 35246440

RE:RE:RE:RE:RE:ARX is sitting on a lot of Cash - West Coast Gas Prices

The $175MM isn't just for the plant expansion either it is also to maintain the existing production level.

My understanding is that Sunrise has the lowest op costs not just in ARX but in NA.

All the more reason to expand it. It is cost efficient even at low commodity pricing.

"One of the lowest cost, lowest emission natural gas plays in North America"

GLTA

MyHoneyPot wrote: Most expensive 80 Mmcf plant addition on the planet, and don't forget royalities and Op Cost just don't go away.

Zero from Sunrise in 2023.

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