ARC strengthened its business in 2020 through prudent capital allocation decisions and excellent operational execution, despite volatile and uncertain market conditions. ARC delivered record production by bringing the Dawson Phase IV gas processing and liquids-handling facility on-stream, thus expanding ARC’s low-cost Montney business, and bolstered its strong financial position through significant debt reduction. During the year, ARC replaced over 200 per cent of 2020 production through development activities, prioritized the safety of its employees and contractors, and demonstrated the Company’s ongoing commitment to delivering leading ESG performance and reporting transparency.

ARC strengthened its business in 2020 through prudent capital allocation decisions and excellent operational execution, despite volatile and uncertain market conditions. ARC delivered record production by bringing the Dawson Phase IV gas processing and liquids-handling facility on-stream, thus expanding ARC’s low-cost Montney business, and bolstered its strong financial position through significant debt reduction. During the year, ARC replaced over 200 per cent of 2020 production through development activities, prioritized the safety of its employees and contractors, and demonstrated the Company’s ongoing commitment to delivering leading ESG performance and reporting transparency.