The Largest Pure-play Montney Producer Shares outstanding 724 million Market capitalization(1) 5.7 billion Net debt(1)(2) 2.4 billion Enterprise value(1) 8.1 billion Quarterly dividend 0.06/share Dividends paid since inception…
Positioned for Success Size and Capital Allocation Strong Financial Cost Savings ESG Scale Optionality Position and Synergies Leader + Largest pure-play + Significant free funds + One of only three natural gas + Annual cost…
Guiding Principles Risk management around all Superior capital discipline and Sustainable business model aspects of the business allocation with strong free with best-in-class assets and including maintaining a strong funds flow(1)…
2021 Business Priorities Protect strong financial Demonstrate capital Deliver meaningful position and maintain discipline and profitability returns to flexibility of investments shareholders + Strengthen balance sheet with + Integrate…
160 Million in Annual Cost Savings from Combination Combination with 7G to drive significant cost savings and synergies Annual cost savings expected by 2022 160 million 180 Cost Savings 25 million 150 25 million 15 million…
Capital Allocation Principles Remain Unchanged Principles Priorities Manage net debt to funds from operations Debt Reduction ratio within 1.0 and 1.5 times Incremental Shareholder Returns Committed Capital Pay sustainable…
Investment-grade Credit Profile Bank credit facility Long-term notes repayment schedule(1) Cdn millions + 2.0 billion unsecured extendible revolving credit facility 600 + 1.2 billion of available liquidity at April 6, 2021 + Credit…
Significant Cash Flow Protection Crude oil and condensate production hedged(1) Natural gas production hedged(1) Mbbl/day, % MMBtu/day, % 48 60% 720,000 60% 36 45% 540,000 45% 24 30% 360,000 30% 12 15% 180,000 15% 0 0% 0…
Commitment to ESG Leadership Environmental Social Governance + Maintain standing as lowest + Be an industry leader in + Manage risks around all aspects GHG emissions intensity health and safety practices of the business producer…
ESG Excellence Oil and gas companies relative ESG rankings(1) 2019 GHG emissions intensity(2) tCO2e/boe 70 Africa 0.12 Asia Canada Social and Governance Score Europe 64 Latin America 0.09 Middle East Russia ARC 58 United…
Asset Overview Attachie Highly prospective condensate and liquids-rich natural gas play in the early stages of development Ante Creek Light oil play in northern Alberta Greater Dawson Area Liquids-rich natural gas and…
Network of Owned-and-operated Infrastructure Combined network of owned-and-operated infrastructure + Natural gas processing and sales capacity of 1.5 Bcf/day + Ability to optimize larger portfolio, which has access to downstream…
Greater Dawson Area Overview Snapshot Development plan Q4 2020 Production Total: 97,015 boe/day Maximize throughput to capitalize on strength in natural gas pricing Natural gas: 465.2 MMcf/day Crude oil & liquids: 19,480 bbl/day…
Sunrise Overview Snapshot Development plan Q4 2020 Production Total: 39,098 boe/day Complete infrastructure optimization project to add 40 MMcf/day of Natural gas: 234.4 MMcf/day processing and sales capacity Crude oil & liquids: 36…
Ante Creek Overview Snapshot Development plan Q4 2020 Production Total: 18,274 boe/day Deliver profitable light oil production by leveraging 2020 facility Crude oil & liquids: 9,789 bbl/day expansion Natural gas: 50.9 MMcf/day…
Attachie Overview Snapshot Development plan Q4 2020 Production Total: 5,386 boe/day Complete detailed engineering work for development Crude oil & liquids: 3,132 bbl/day Natural gas: 13.5 MMcf/day Recommence drilling activities once…
Additional Information
Asset Details Greater Dawson Sunrise 7G Assets Ante Creek Attachie Area Net production Q4 2020 Crude oil & liquids (bbl/day) 19,480 36 109,099 9,789 3,132 Natural gas (MMcf/day) 465.2 234.4 486.2 50.9 13.5 Total (boe/day) 97,015…
Historical Performance(1) Production Net debt to FFO Dividends(2) Mboe/day billions, ratio billions, % of FFO 180 1.6 2.5 8 120% 2.0 135 1.2 6 90% 1.5 90 0.8 4 60% 1.0 45 0.4 2 30% 0.5 0 0.0 0.0 0 0% 1996 1997…
ESG Recognitions and Rankings Member of MSCI Global Sustainability Index MSCI ESG Rating: AAA Member of FTSE Russells FTSE4Good Index Series since 2018 Voluntary participant since 2007 Member of the 30% Club since 2018 2020…
Advisory Statements of funding; achievement of further cost reductions and sustainability thereof; applicable royalty regimes, including expected royalty rates; future improvements in availability of product transportation capacity;…
Advisory Statements Additional information about assumptions, risk factors, and uncertainties on which the forward-looking information is based and that could cause ARC's actual results to differ materially from any estimates or…
Investor Relations Contacts Kris Bibby General Investor Relation Enquiries Senior Vice President and Chief Financial Officer 403.503.8600 403.503.8675 1.888.272.4900 KBibbyarcresources.com IRarcresources.com Martha Wilmot Investor…