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 > Storm Development Corp. acquiring assets from ARC Resources

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Post by silkoson Mar 07, 2023 9:18am

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Post# 35323317

Storm Development Corp. acquiring assets from ARC Resources

An application has been filed with the AER to transfer 56 wells, 13 facilities and 21 pipelines from ARC Resources Ltd. to Storm Development Corp.

What would be the reason behind this move? Care to speculate?

https://boereport.com/2023/03/06/storm-development-corp-acquiring-assets-from-arc-resources-a-use-case-for-boe-intel/

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