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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 Feb 27, 2023 11:41am
285 Views
Post# 35307250

Terry does not know how to answer Question regarding ARX

Terry does not know how to answer Question regarding ARX
There is a lineup of analysts that want to know more about Kakwa, that fact that Kakwa had the largest technical reserve increase, and it the most prolific liquids rich condensate play in the entire Montney. 

Question Terry are you going to ramp up Kakwa?

Answer - Dawson is such a great play and it has producted 1 trillion Mmcf of gas. 

Question Terry you have 25 DUCs at Kakwa are you going to ramp up Kakwa?

Answer we only expect modest growth at Kakwa. 

Question Terry where does arc make all its money?

The NE BC postatage stamp assets like Sunrise consump tons of capital with no return. 


ARX management are not business people and simply know how to destroy capital.

IMHO
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