Strong Operational Performance
ARC successfully commissioned the first phase at Attachie, increasing production to 20,000 BOE per day with plans to reach 40,000 BOE per day by year-end.
Dividend Increase
ARC announced a 12% dividend increase and continued share buybacks, reflecting strong shareholder returns.
Record Production Expected
2025 production is expected to be between 380,000 and 395,000 BOE per day, a 10% growth from 2024.
Free Cash Flow Growth
Free cash flow is expected to more than double to about $1.5 billion in 2025 at strip pricing.
Attachie Phase 1 Completion
Attachie Phase 1 was completed on time and on budget, a significant achievement in project management.