ARC Resources Ltd T.ARX

Oil up 6% - Kakwa Flat.

[Cheadle12]

seems like the street doesn't give much value to Kakwa.  

Maybe this is why they aren't massively developing it.

Attachie will be prime for LNG export.  They also aren't capped at 40,000 boepd at Attachie, can grow it much larger.. huge asset there for multi-phase expansion.

Can't believe ARX is trading under $8, something is rotten in the state of denmark ?  Or is the street waiting to see more progress on debt reduction / ROC to investors.  

2022 should be a good year for ARX.  Pristine Balance sheet, Attachie sanctioned, divdends increased and no further debt reduction payments required, debt at good rates.

~TGC.

[MyHoneyPot]

Kakwa has 3 million invested in it and represent the best Cash Flow per boe and the best net backs in the entire company.  Really shareholders should shuffle over more so that management in the midst of Treaty 8 negociations about energy development projects, can start the process of sinking all future capital into the Attachie sink hole. I have watched the dismal startup of many of these

[Cheadle12]

How much extra production could they add at Kakwa to fill their current infrastructure?

[MyHoneyPot]

Last Quater they used 443 MMcf of the 750 MMcf owned and 1010 MMcf available.  Gas Plant Last quater they produced about 60,000 boe/day of liquids and has access to capacity of 80,000 boe a day of condensate stablization.  Last quater Kakwa produced roughly 172,000 boe a day, Kakwa has produced more than 220,000 boe a quater in the past.  So at least 50,000 more boe/day of gas