ARC Resources Ltd Q1 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Michael Steve Harvey - RBC Capital Markets, Research Division - Analyst : Just a couple of questions on Attachie. I guess, first, you mentioned you do have the takeaway for the gas. Just wondering if you've arranged the same on the liquids front and any material infrastructure investments, which might be required to move both the gas and the liquids? And then I guess just a longer-term question on Attachie. I know you still have to build Phase 1 here, but as you think about the next 10 or 20 years. Just wondering any broad thoughts on how many phases do you think the lands can support without overcapitalizing? And just thoughts on kind of broad volumes. I know you've brought peak volumes. I know you compared it to Kakwa a little bit there.

Question: Travis Wood - National Bank Financial, Inc., Research Division - Analyst : A question, I just want to understand the flow or kind of the waterfall chart. I think you guys have done a good job explaining the shifts in capital allocation across the program here to effectively fund Attachie. Could you walk through those chunks again and how they kind of triangulate back to the $250 million, $300 million. And then is there any change to at Sunrise as well from a capital program or expansion on top of the drilling program there as you get for LNG? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 05, 2023 / 2:00PM, ARX.TO - Q1 2023 ARC Resources Ltd Earnings Call

Question: Travis Wood - National Bank Financial, Inc., Research Division - Analyst : Okay. And any -- in that $130 million, is there -- is it kind of across each of the assets? Or is there any additional infrastructure there, specifically at Sunrise, I guess, as we were thinking about the facility expansion?