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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 28, 2023 10:07am
334 Views
Post# 35251760

Liquids Rich

Liquids RichEric Nuttal is full of it!

While he supports WCS oil prices, condensate trades at almost double WCS. 

If we don't include the dry hardly economical gas from Sunrise, ARX is 46% Liquids.

Otherwise ARC is around 40% liquids, so it is a very liquids rich company, way more liquids rich that TOU and they will spank TOU in terms of FCF in Q1 2023.

Q3 2022

Last Quarter Kakwa produced 60% Liquids, 40% gas. So ruffly 53 percent of ARX production comes from Kakwa and it is 60% Liquids.

There is not another single play in Canada that produces 180 boe of 60% liquids play with 500,000 acres in Kakwa and a lot more perspective acerage outside the Kakwa area. 

Q4 will be transformational, unless management stopped drilling in Q4 at Kakwa. 

Management are inexperienced in their roles and they demonstrate their incompetance on a dailiy basis. 

IMHO



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