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.

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ARC Resources Ltd > 100 million Dry Gas 80 Mmcf

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Comment by Quintessential1on Jan 26, 2023 2:47pm

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Post# 35248445

RE:100 million Dry Gas 80 Mmcf

$175 million for 353 MMcf/day

GLTA

MyHoneyPot wrote: The 100 million spend on plant expansion at Sunrise will add 80 Mmcf a day.

At $3 dollar gas that is equal to $240,000 dollars a day.

80,000 *3 = 240,000

So just to pay back the cost of the plant will be 417 day assuming no royalities, no Operaltion cost and if you can find and produce the gas for free, it bubbles to the surface. No drilling costs.

Add in 10% royalities, op costs, transportation, etc.

Sunrise will make money then next time halley comment flys past the earth. (2061)

This is a waste of share holder money and will never make money anytime soon, more capital destroyed by this management team.

IMHO