ARC Resources Ltd

Website

Address

308 4 Ave SW #1200
Calgary, AB T2P 0H7

Phone

403-503-8600

Company Description

ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada’s largest dividend paying energy companies, featuring low-cost operations and leading ESG performance.

Recent News

ARC Resources Ltd. has signed a long-term LNG sale and purchase agreement with ExxonMobil LNG Asia Pacific for 1.5 MTPA of LNG from the Cedar LNG Project, starting in late 2028. This deal expands ARC’s global LNG exposure, complementing its existing agreements with Cheniere and linking 25% of its future natural gas production to international pricing. ExxonMobil gains its first long-term LNG offtake from Canada’s Pacific Coast, strengthening its position in Asian LNG markets.

Operations

Kakwa field is the #1 ranked field in the Municipal District of Greenview No. 16 with 141 wells drilled in 2022. A Montney play premium condensate-rich and high-deliverability natural gas play that generates significant free funds flow.

Karr field is the #3 ranked field in the Municipal District of Greenview No. 16 with 61 wells drilled in 2022. A Montney play premium condensate-rich and high-deliverability natural gas play that generates significant free funds flow.

Sunrise field is the #2 ranked field located in BC with 29 wells drilled in 2022. Sunrise is is tight gas and natural gas liquids play in the Montney Formation.