ARC Resources Focuses on Montney Shale Developments After Sharp Gains in 2021

ARC Resources Focuses on Montney Shale Developments After Sharp Gains in 2021

SUGAR LAND--February 15, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--ARC Resources Limited (TSX:ARX) (Calgary, Alberta) boasted record full-year production of oil and natural gas in 2021, as significantly stronger commodity prices and a major reduction in expenses led to a dramatic turnaround from 2020's net losses. Executives say the company is focused on developing its existing assets--particularly its Attachie and Sunrise developments in the Montney Shale--in 2022. Industrial Info is tracking more than US$5.8 billion worth of active projects from ARC, including multiple projects related to Attachie and Sunrise.

Within this article: Details on some of the highest-valued projects from ARC Resources, including major expansions at Attachie and Sunrise.

Other companies featured: Shell plc (NYSE:SHEL)

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