We had the pleasure of hosting Mr. Myron Stadnyk, President & CEO and Mr. David Carey, SVP, Capital Markets for an update on ARC's near term development plans surrounding the Montney specifically at Ante Creek, Dawson, Sunrise, and Tower. For 2015e, the Company has outlined a $550 mm budget that was built based upon 30%+ returns in a C$55.00/bbl and C$3.00/GJ flat pricing scenario, and will see ~$450 mm spent at its Ante Creek ($100 mm) and NE BC properties ($350 mm), $60 mm at Pembina/Redwater, ....

26 May 2015
ARC RESOURCES LTD. (ARX) MANAGEMENT UPDATE

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ARC RESOURCES LTD. (ARX) MANAGEMENT UPDATE
ARC Resources Ltd. (ARX:TSE) | 0 0 0.0% | Mkt Cap: 4,383m
- Published:
26 May 2015 -
Author:
Michael Hearn -
Pages:
3 -
We had the pleasure of hosting Mr. Myron Stadnyk, President & CEO and Mr. David Carey, SVP, Capital Markets for an update on ARC's near term development plans surrounding the Montney specifically at Ante Creek, Dawson, Sunrise, and Tower. For 2015e, the Company has outlined a $550 mm budget that was built based upon 30%+ returns in a C$55.00/bbl and C$3.00/GJ flat pricing scenario, and will see ~$450 mm spent at its Ante Creek ($100 mm) and NE BC properties ($350 mm), $60 mm at Pembina/Redwater, ....