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Bullboard - Stock Discussion Forum 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... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Makes Field Operators Know what they are doing
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Post by Shaleguy on Dec 11, 2021 11:21am

Makes Field Operators Know what they are doing

MHP. You are right about Kakwa operations being an order of magnitude more complicated than dry gas. But I personally know most of the guys. They are some of the best I ever worked with. The action gap if you want to call it is at the CEO and VP ops level. They are the ones setting the budget and executing it. Back in 1986 through 1992 we chopped 50 percent of staff with very few operators let go. BTW under David Holt's leadership they got Opex way down with those guys. In mergers you never let the operators go. I think that's what you meant. On a positive note, Arx kept the construction super who built the last two gas plant. They were built for a million dollars per million which is work class. I almost said his name. He is the super for the Cutbank refurbishment project to make the idle Cutbank plant into a 250 mmcfod super pad. Hopefully this is part of an execution strategy to ramp up Kawka. If so they should splash this over the presentation
Comment by Shaleguy on Dec 11, 2021 11:22am
F,ing spell check. BTW Makes is Crew for crow.
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