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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 > Terry Says there is 10 Years of Drilling at Kakwa
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Post by Shaleguy on Jan 28, 2022 12:28am

Terry Says there is 10 Years of Drilling at Kakwa

Shows how little he understands about this asset. At 65 wells per year that's only 650 Wells in Nest 1 and 2. The last Vii presentations had 1,300 wells plus the lower montney which could be up to an additional 2,000 wells. If you believe the energy analysts haven't a copy of old VII presentations your mistaken. If he really said that he should step aside.
Comment by Cheadle12 on Jan 28, 2022 2:01am
He just seems brutal.  Takes 3 minutes to explain something that Mike Rose or Steve Laut would explain in 20 seconds.   Really seems green & inexperienced despite being with the company for so long.  Long winded responses that barely say much. Probably need a better CEO for the size of this company and the qualifty of the asset base.
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