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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 > Condensate?
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Comment by BigJakeon Apr 03, 2023 5:28pm
71 Views
Post# 35377261

RE:Condensate?

RE:Condensate?
ReitsRus wrote: So can someone give me an quick explanation on the Effect this news will have on ARX, not hugely familiar with The Condensate aspect of the business. A big 414k shares changed hands at close. Great to see back over $16! Thx 

Condensate prices trade in conjunction with WTI so an 8% increase in WTI will be reflected in Condensate as well very bullish for ARX because alot of their production is liquid rich 
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