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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

Post by Quintessential1on Jul 06, 2024 11:02am
181 Views
Post# 36121035

Attachie in 2025!

Attachie in 2025!A nice look at Attachie's economic add in the next 8 years

Notice that they are pegging the numbers @ $70 WTI and $3.50 AECO

Now WTI is much higher (it should also be noted that they sell based on WCS which has increased and the that the spread has narrowed even more since then with the TMX open.) and even though AECO is lower (but expected to increase with LNG Canada coming onstream by then)  that the ratio is 60% Condensation and NGLs to 40% NG.  The metrics are decidely better for the increased oil prices even with the lower NG pricing out of AECO even though ARX markets a lot of gas out of other hubs and hedges AECO.

I'll try another image shot as this one is JPEG (SH does not seem to like png)

User image

And again post the link just in case.  Thanks to Adam @ X for this one.

https://x.com/VanIsleInvestor/status/1788717016192578016/photo/1


GLTA ARX BULLS
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