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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 Quintessential1on Apr 21, 2023 4:25pm
117 Views
Post# 35408026

RE:RE:RE:LNG in Europe

RE:RE:RE:LNG in EuropeYeah I didn't think I would get too many supporters for my view here and I see why you think what you do.

Hard to blame this government for the treaty failures of the past governments and yeah it is hard to know who to negotiate with for all concerned.  All I can say is ENB stuffed a line 3 replacement through with little to no government help and very little in the way of cost or time overruns.

Environmentalists are a pain in the ??? but they are also the Yin in the Yang.  They are trying to make a better world or save a good one and together with the lefty leaning govenrment they are trying keep big oil from setting fire to world in order to heat the globe.  Being warm is good until you're too warm and then what?  Burn it some more to cool it?  It sounds ridiculous but it also seems to be what we are doing.

What did the carbon tax ever do for the environment?  It looks like it just bought a giga battery plant in St. Thomas.  Will EVs help the environment?  Debateable but it looks like we are going to have more than just a debate about it so I guess we'll see.  I know that plant is probably going to be heated wih NG in the winter and NG seems to be where  your and my venn diagrams intersect as I think its the bridge to the future of energy and with a tweak here and there could be the very future we are looking for and it is part of the present that we are both invested in with this great stock.

GLTY and all ARX BULLS
  

GunnerG wrote: I believe the gov has much to do with the length of time and the cost over runs.

The processes for permitting and negotiating with first nations is ridiculous. 

Environmentalists are a pain in the ??? with their constant legal fights which only serve to slow things.  First nations, who do you negotiate with?  They elect chiefs who say yes, then the hereditary chiefs say no and then individual tribe members hired by environmentalists to set up road blocks and cause damage.

Does not help when the PM is on the side of extreme environmentalists.  

Tell me what has the carbon tax done for the environment?  It is a tax used to redistribute money from the middle class the the rich and give money to the poor and goverment.  IMHO


Quintessential1 wrote: Fully permitted and under construction since 2019 it is not the government slowing LNG Canada,

It is also not the government's fault the Coastal Gas Link pipeline is overbudget by more than double.

Even though I support LNG construction and increasing NG sales the government is not entirely wrong about its economic viability given low historic gas prices and should leave it to private industry. 

ARX will take advantage of the opportunities provided by Gulf or West coast LNG  as they arise.

GLTA ARX BULLS

retiredcf wrote:

Europe still close to an energy crisis: Natural gas analyst

Leslie Palti-Guzman, co-founder and CEO of Gas Vista, joins BNN Bloomberg to talk about natural gas supply in Europe and global LNG exports.

https://www.bnnbloomberg.ca/video/europe-still-close-to-an-energy-crisis-natural-gas-analyst~2671434

Bottom line, Canada has an opportunity if the government could ever get its act together. GLTA







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