Arc Resources — CIBC ESG Conference 2017
22 slides from Arc Resources's conference presentation, Jun 9, 2017
Slide 1: CIBC ESG Conference
FOCUSED CIBC ESG CONFERENCE June 9, 2017 TSX: ARX
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Slide 3: Forward-looking Statements
Forward-looking Statements This presentation contains forward-looking information as to ARC’s internal projections, expectations or beliefs relating to future events or future performance and includes information as to our future well inventory in our core areas, our exploration and development dril
Slide 4: Vision & Strategy
Vision & Strategy ARC’s Vision Enduring Vision Includes Protecting the Safety of Employees, Communities and the Environment We are: A leading energy producer Results-focused through risk-managed value creation Committed to superior long-term financial results We: Apply unique expertise and disciplin
Slide 5: Consistent and Sustainable Strategy
Consistent and Sustainable Strategy Leadership in ESG Is Integral to ARC’s Business HSE and Financial Operational Flexibility Excellence ARC is ARC is a RISK- Canada’s 12th MANAGED people and VALUE largest energy CREATION technology producer company Top Talent High-Quality, and Strong Long-Life Lead
Slide 6: Transitioning to the Montney
Transitioning to the Montney Focused Asset Base Supports Enhanced Environmental Performance • Strategic portfolio management enables purposeful operational 100% efficiency and environmental improvements Montney • Montney now makes up ~85% of total Growth corporate production Production • Since 2009:
Slide 7: ARC's ESG Journey
ARC’s ESG Journey Our First Decade • Built Lougheed gas • Introduced initiatives plant to tie in gas to reduce flared gas production from the battery streams (vapor recovery units • Drilled first for processing – resulting and emissions-free dehy in reduced flaring and horizontal well systems) relat
Slide 8: Approach & Foundations of Sustainability
Approach & Foundations of Sustainability Why ESG Is Important to ARC ARC’s Leadership Culture Is Reflected in Its ESG Practices • Our operators and contractors live in the communities in which we operate • We look to develop resources in the most efficient manner while creating long-term value for s
Slide 9: Foundations of Sustainability
Foundations of Sustainability At ARC, We Are Innovators, Technical Experts and Responsible Members of the Community Maintaining Our Social License to Operate Corporate Governance & Risk Management Ethical Business Practices Environment & Stakeholder Engagement Climate Management Measuring Our ESG Pe
Slide 10: Governance Practices at ARC
Governance Practices at ARC Governance Structure Good Governance Ensures Effective Decision Making • Board of Directors provides oversight on a variety of issues, including financial, operational, social, health and safety and environmental • The Board of Directors has six committees, four of which
Slide 11: Good Governance in Action
Good Governance in Action Committed to Conducting All Affairs with High Ethical Standards and Integrity • Timely, factual and accurate disclosure in accordance with all applicable legal and regulatory requirements • Examples of good governance include: • Best practices for proxy circular disclosure
Slide 12: Environmental Practices at ARC
Environmental Practices at ARC Environmental Practices ARC Is Committed to the Responsible Development of Our Resources Environment & Climate Practices Use of Technology to Engage in R&D of Participate in Carbon Energy Efficiency Emerging Low- Reduce Emissions Offset Markets emissions Technology Mee
Slide 13: Minimizing Our Footprint
Minimizing Our Footprint Pad Drilling Reduces Surface Land Footprint by ~75% in Acreage per Well • Highly-efficient, Multi-layer Development in the Montney Is Reducing ARC’s Overall Footprint • ARC’s future development plans include 16-well to 24-well pad designs at Dawson, Sunrise and Tower • Opera
Slide 14: Water Management
Water Management Focused on Proactive Water Management • Integrating water needs and compatibility studies into long-term development plans • Montney Water Group supports water usage from other E&Ps’ underutilized water sources • Flowback pipeline infrastructure reduces freshwater requirements • Pro
Slide 15: Health and Safety
Social Practices at ARC Health and Safety ARC Is Committed to an Injury-free Workplace for Employees and Contractors EMPLOYEES CONTRACTORS ARC is committed to providing a safe work environment to employees and contractors LOST-TIME INCIDENTS in 2016 0 0 Ongoing employee and contractor safety trainin
Slide 16: Stakeholder Engagement
Stakeholder Engagement ARC Strives for Two-way Dialogue with Its Stakeholders • Committed to developing and fostering meaningful relationships with our stakeholders Communities • Engages with stakeholders throughout the planning, development, operations and reclamation stages • Promotes innovative a
Slide 17: Committed Employees
Committed Employees Attracting and Retaining High-performing Talent Is Critical to ARC’s Long-term Success • ARC offers field operators full-time employment and is committed to providing them a safe working environment • Employees are offered mentoring and cross-functional role changes • Students an
Slide 18: Dawson Phase III Case Study
Dawson Phase III Case Study Demonstrating Responsible Development at ARC’s Dawson Phase III Facility Investment Drilling & Plant Decision & Completions Commissioning Sanctioning Plant & Plant Design Infrastructure Production Construction Government Landowner and Abandonment Applications & Community
Slide 19: Summary
Summary ARC Has Been Committed to ESG Practices Since Inception • The key to ARC’s commitment is a leadership culture • Our results demonstrate that ARC is viewed as a responsible member of the community 06/02/2017 17
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Slide 21: Financial and Operating Highlights
FINANCIAL AND OPERATING HIGHLIGHTS ($ millions, except per share amounts) 2017 2016 2015 FINANCIAL Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Sales of crude oil, natural gas, condensate, NGLs and other income 309.2 331.8 265.6 234.9 231.2 285.9 279.5 321.7 Per share, basic 0.88 0.94 0.76 0.67 0.66 0.83 0.82 0.95 Per s
Slide 22: Corporate and Shareholder Information
CORPORATE AND SHAREHOLDER INFORMATION DIRECTORS EXECUTIVE OFFICE CORPORATE Harold N. Kvisle (1) CALENDAR 2017 ARC Resources Ltd. Chairman 1200, 308 – 4th Avenue SW August 3, 2017 Calgary, Alberta T2P 0H7 Q2 2017 Results Myron M. Stadnyk T 403.503.8600 President and Chief Executive Officer TOLL FREE