ARC Resources Ltd T.ARX

Carbon Taxes

[MyHoneyPot]

I wonder if Bibby/CFO is concern about all the share holder capital, that has gone up in smoke because of Management buyback strategy. First is was hedging now it is share buybacks. I wonder if it will impact their ESG rating?

If the 100 million to build the sunrise plant was put into wells at Kakwa and the wells are roughly 10 million each, 10 wells that product almost 2,000 boe from the get go. 

Sound a lot better than the returns you will get from sunrise, the entire new 100 million dollar plant will produce the equalivent of 5000 boe/day of liquids rich Kakwa production.

Once the plant is built at sunrise, then you have to drill the wells to fill it. (Not included in the 100 million build price)

ARX Management are a sorry bunch.

IMHO

[GunnerG]

Isn't the NG from Sunrise going to LNG Canada?  I thought someone said that last week. Very smart of management to spend now to get ready for that opening.  Not sure what the pricing of gas going to LNG Canada?  MHP maybe you can ask the CEO's at your next luncheon and report back. Great news at Kakwa and sounds like Sunrise under control.  Go ARC go

[MyHoneyPot]

160 Mmcf is going to LNG Canada They are already producing 270 Mmcf so they want to bump it up for LNG Canada. There is rational for doing it but it not the place you are getting your best returns.  Trapped, thanks for posting that Link, Kakwa has more than 1000 conservatively booked location currently, and tons of running room with a lot of land that does not show up on the Kakwa map