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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 > Reason to own ARX over TOU
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Comment by SideshowBob1on Feb 08, 2023 8:18pm
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Post# 35275987

RE:RE:RE:RE:RE:Reason to own ARX over TOU

RE:RE:RE:RE:RE:Reason to own ARX over TOU

Ever heard of Cabin Gas plant up by fort Nelson? I wonder how much of that facility is sitting on someone's balance sheet as plant property and equipment. Yet it's nothing but a boat anchor. 

"An estimated 260 billion dollars of abandonment cost is sitting in wells, pipelines, plants, and oil sands infrastructure"

Company's are starting to leave provisions for this abandonment on their balance sheets, as they should. 


https://thetyee.ca/Analysis/2020/08/04/Who-Will-Clean-Fort-Nelson-Gas-Bust/

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