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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 > Boom! BOE Report Top Well Report - July 2024
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Comment by Quintessential1on Aug 28, 2024 3:12pm
116 Views
Post# 36199926

RE:Boom! BOE Report Top Well Report - July 2024

RE:Boom! BOE Report Top Well Report - July 2024Nice.  It's a great time to tap those liquids.  Gas wells are paid for and complete sitting behind closed taps just waiting for LNG Canada later this year in the meantime, let the condy flow.  

GLTY and ALL ARX BULLS



Trapped wrote: ARX had 5 of the top 15 oil/condensate wells in the WCSB for July 2024. There are some really monsters in here!

Beyond this continued strong performance, I believe two things will further ignite the stock price in the near term:

- Attachie Phase 1 coming online in the coming months: Those incremental 40,000 BOEs/D will reset earnings metrics sharply and will come with zero shares issued or dilution of any kind.
- Anything resembling even a partial recovery in NG prices for domestic producers.

https://boereport.com/2024/08/27/top-well-report-july-oil-condensate-production-data-for-alberta-did-veren-hang-on-to-top-spot-or-is-it-whitecaps-turn-arc-resources-has-5-top-wells-and-baytexs-clearwater-con/

Cheers and GLTA ARX Bulls.


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