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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

Comment by MyHoneyPoton Feb 28, 2023 9:42am
100 Views
Post# 35309332

RE:Real Information for Real Investors

RE:Real Information for Real InvestorsIt has become clear with the Treaty8 issues resulted in issues in regards to getting well licenses in NE B.C..  Companies like TOU had many years of approved well licenses in place they mentioned them and called them Legal Well Licenses.  TOU could wait out the negociations with less impact on their production than other producers.

ARX on the other hand has a Capex Program labeled rebuild NE B.C. production, I am not sure they were in the same position as TOU.

Lets hope they rectify this going forward. 

IMHO
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