ARC Resources Ltd Q3 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 : Sure. I just had a couple of questions. The first one is on your natural gas price hub exposure. It looks like your AECO percentage is increasing quite a bit in '25, then '26 and '27. I assume that's by design, but maybe you could just confirm that or if we'll see that be adjusted kind of as we move forward over the next couple of years? And then the second one was just on the drilling plan at Attachie when you start moving rigs there, I think, later this year. So it's been a few years since you've drilled a well there. Is there anything different you're going to be doing just well design wise, you may have learned from Kakwa or otherwise that you think may impact the recovery profile in that area? And that's it for me.

Question: Michael Steve Harvey - RBC Capital Markets, Research Division - Analyst : Right on. And would there be changes to things like well length, frac design that kind of stuff? Or maybe you're just kind of getting started in that process?

Question: Travis Wood - National Bank Financial, Inc., Research Division - Analyst : (technical difficulty) facility and then through next year, so kind of the key item...

Question: Travis Wood - National Bank Financial, Inc., Research Division - Analyst : Okay. My question is wanting to understand the critical path around Attachie, just getting kind of a timeline for the items that you see the most relevant that you want to check off the to-do list as you get ready for processing at Attachie? So for example, rig mobility for this quarter, starting to drill the wells. You commented on the natural gas line is complete, kind of so what's the timeline for the liquids line and kind of any of the key factors and timeline that can keep us comfortable that everything remains on schedule?