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ARC Resources Ltd. Details Fourth Quarter 2013 Production Results

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January 9, 2014

ARC Resources Ltd. (ARX.TO) said on Jan. 8 that its fourth quarter 2013 production results were within its 2013 budget. Additionally, ARC said new wells would be drilled this year on its Tower and Parkland processing/handling facility, and that 26 existing wells there will be brought online in first quarter 2014.

The estimated fourth quarter 2013 production for ARC was roughly 100,000 barrels of oil equivalent per day (BOE/d). This amount, called “record quarterly production volumes” by the company, “is expected to contribute to record annual production of approximately 96,000" ...

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