ARC Resources Ltd T.ARX

this is not your Father's ARX resources.

[uncutgems]

7g did a reverse takeover.

[Shaleguy]

Make no mistake at the engineering and field level Arc is in control. I know of only one facilities engineer from VIi that is still there. all the rest, every last single one is gone. Anyone know what they are doing with the new 30 million dollar office in GP?

[MyHoneyPot]

Maybe their moving the new head office from Calgary to GP? Maybe they should sell it to Murphy Oil, as they ramp up in the Duvernay.. IMHO

[uncutgems]

prolly why they are not growing kakwa. they don't understand it yet. I woluld love to know how this deal came about.

[Shaleguy]

Uncut. I'll give you the benefit of the doubt because I don't believe you are an oil professional in a technical sense. If they don't understand it now they shouldn't be running the company. For God sales they've been in the Montney for over Twenty years. Terry has thirty years in the patch with twenty years at Arc. And the infrastructure is in place and the super pads are

[uncutgems]

i don't believe you're expertise in the "financials"...just an observation.  I still don't have a good answer from you why they are basically letting this so called prize asset just sit there. would love to hear an explanation from an engineer....

[uncutgems]

I followed 7g for a long time. every quarter there were issues. every quarter there were complications. it was one thing after another. the faciliteis are complex. the transport is complex and expensive. all this to say this is why 7g basically went straight down after going public. They also overpaid for the Paramount Kakwa asset.  I didn't work in the industry. but I pay attentiton to