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

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Post by retiredcfon Jun 13, 2023 8:49am

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Post# 35493236

Oil & Gas Licensing Details

Oil and Gas Licensing Details

Oil and gas licenses from our coverage group in May 2023 include:

Whitecap Resources (65) - 29 hz (Frobisher); 16 hz (Montney); 13 hz (Viking); 5 hz (Midale); 1 hz (Success); 1 hz (Glauconitic)
Crescent Point Energy (42) - 27 hz (Bakken); 11 hz (Frobisher); 3 hz (Shaunavon); 1 hz (Duvernay)
Baytex Energy (28) - 19 hz (Viking); 9 hz (Clearwater)
Ovintiv (27) - 27 hz (Montney)
Canadian Natural Resources (26) - 13 hz (Cummings); 10 hz (Montney); 3 hz (Sparky)
Tourmaline Oil Corp (24) - 16 hz (Spirit River); 5 hz (Montney); 1 hz (Rock Creek); 1 hz

(Dunvegan); 1 hz (Fernie)
Headwater Exploration (20) - 20 hz (Clearwater)
ARC Resources (19) - 19 hz (Montney)
Cenovus Energy (16) - 9 hz (Colony); 4 hz (Spirit River); 1 hz (Falher); 1 hz (Wilrich); 1 hz (Rex)
Crew Energy (9) - 9 hz (Montney)
Vermilion Energy (7) - 3 hz (Frobisher); 2 hz (Midale); 2 hz (Ratcliffe)
Kelt Exploration (6) - 5 hz (Montney); 1 hz (Charlie Lake)
Tamarack Valley (5) - 5 hz (Clearwater)
Peyto Exploration & Development (3) - 3 hz (Dunvegan)
Advantage Energy (2) - 2 hz (Montney)
Paramount Resources (1) - 1 hz (Montney)
Obisidian Energy (1) - 1 hz (Cardium)
Cardinal Energy (1) - 1 hz (Blackbear)

Clearwater Licensing Details

Clearwater oil and bitumen wells licensed during May 2023 included:

Headwater Exploration (20) - 20 hz at Marten Hills (16-075-02W5; 26-075-02W5; 32-075-02W5; 34-075-02W5; 04-076-02W5)
Spur Petroleum (18) - 8 hz at Marten Hills (34-073-25W4; 35-073-25W4; 30-075-24W4); 5 hz at Nipisi (27-076-06W5; 33-076-06W5); 5 hz at McLeod Lake (32-079-02W5; 05-080-02W5; 16-080-02W5; 32-79-01W5)
Baytex Energy (9) - 5 hz at Kent (Sparky) (09-062-03W4); 3 hz at Harmon Valley (23-083-18W4); 1 hz at Cadotte (02-084-18W5)
Rubellite Energy (9) - 9 hz at Figure Lake (063-18W4)
Tamarack Valley (5) - 5 hz at Marten Hills (076-07; 076-08)
Clear North Energy Corp (3) - 3 hz at Edwand (08-061-17W4; 07-061-17W4)