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Royalty Divestiture in Eastern Alberta

May 28, 20247:20 AM BOE Report Staff

ARC Resources Ltd. is marketing a Gross Over Riding Royalty (GORR) interest in the Greater Lloydminster area of Alberta, which covers approximately 65,000 acres of land in the Mannville Group. In 2023, net royalty production was 223 boe per day. To learn more about the Mannville play, read Tapping into opportunity: Unlocking the potential of Mannville Oil in the Lloydminster and Cold Lake areas – Part 1.

All interested parties should contact:

Mike Macdonald
Senior Negotiator
ARC Resources Ltd.
MMacdonald@arcresources.com

ARC Resources Ltd. logo

About ARC Resources Ltd.

ARC Resources Ltd. is a pure-play Montney producer and one of Canada’s largest dividend-paying energy companies, featuring low-cost operations and leading ESG performance. ARC’s investment-grade credit profile is supported by commodity and geographic diversity and robust risk management practices around all aspects of the business. ARC’s common shares trade on the Toronto Stock Exchange under the symbol ARX.

ARC Resources

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