ARC Resources Ltd T.ARX

Alternate Symbol(s): AETUF

Energy Oil & Gas E&P

ARC Resources Ltd. is a Canada-based energy company. The Company's activities are focused on the exploration, development, and production of unconventional natural gas, condensate, Natural gas liquids (NGLs), and crude oil in western Canada. The Company's assets are located in the Montney region in Alberta and northeast British Columbia. The Company’s operations in Alberta are located near Grande Prairie and the region includes Kawka and Ante Creek. Kawka is a premium condensate-rich and high-deliverability natural gas play with top-tier development opportunities. The Company’s operations in northeast British Columbia feature low-emissions assets and are strategically connected to third-party egress and hydroelectricity. The Company’s 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 3-9.

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ARC Resources Ltd > Nuttall Details

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Comment by Quintessential1on Aug 14, 2022 12:45pm

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Post# 34895107

RE:RE:Nuttall Details

I agree. I think the idea is to get down to a manageable debt floor that they already stated and to get rid of the revolving credit facility that requires hedging to insure its payment.

GLTY and all.

northman wrote: I'm not sure I understand the desire to be debt free. They have a couple long term notes at quite low rates that I presume they will just ride out? To buy those out now wouldn't make any sense imo.

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This company starts production at what could be Canada’s next great gold mine