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 > Terry showing leadership in the Calgary Herald

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Comment by Trappedon Jun 13, 2023 7:43am

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Post# 35493145

RE:RE:Terry showing leadership in the Calgary Herald

No worries, Barney! For a long time, many painted Terry as a rookie. But I think it should be recognized that he's an accomplished ARC 'lifer' who came up through the ranks and paid his dues. Just a few things he's accomplished within the last few years:

Successfully led the massive takeover of VII
Reduced the share count following integration
Presided over a large production increase to ~350M boepd
Restored the dividend and promoted its continuing rise
Continued to focus on debt reduction
Leading the sanctioning and development of Attachie

It's good to see him raising his profile a bit. Cheers and GLTA ARX Bulls.