Operations

Portfolio






ARC’s diverse and balanced portfolio consists of Base and Growth assets:

BASE

ARC’s Base assets comprise conventional oil and natural gas assets throughout Manitoba, Saskatchewan and Alberta. These properties produce stable low-decline production, providing a steady revenue stream and generating some of the highest netbacks in our portfolio. Requiring relatively low capital investment, the cash flow provided from the Base assets is directed to pay the dividend and to fund growth. In addition, an active Base capital and optimization program, which added 550 boe per day at a cost of $8,500 per boe per day in 2012, allows ARC to add new barrels at a fraction of the cost of acquiring assets, and ensures we are reaping full value from our existing reserves.

  • Base properties produce stable low-decline production, providing a steady revenue stream and generating some of the highest netbacks in our portfolio.


GROWTH

ARC’s Growth assets are dominated by oil and natural gas rich Montney assets located in northeast British Columbia and northern Alberta. Still in early stages of development, the Montney formation is a world class unconventional resource play with tremendous opportunity for significant resource recovery. ARC was an early entrant in the play, and pioneered the use of multi-stage fracturing for horizontal completions; a technology that has proven instrumental in unlocking the tight rock play. ARC has acquired a technical expertise in the region and today has a strong presence with a land position of over 700 net sections in the most prospective areas of the play.

  • The Montney formation is a world class unconventional resource play with tremendous opportunity for significant resource recovery.