Annual Report - 2001 - ARC Resources Ltd.

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FEATURE: quality assets ANTE CREEK, A NEW PROPERTY – BUT HOW BEST TO TAP THE UNDEFINED POTENTIAL IN MARCH 2000, ARC ACQUIRED AN INTEREST IN THE PARTIALLY DEVELOPED ANTE CREEK PROPERTY WHICH PRESENTED UNIQUE CHALLENGES COMPARED TO MOST OF THE TRUST’S OTHER ASSETS. THE FIELD IS RELATIVELY IMMATURE, PROVIDING MANY DEVELOPMENT POSSIBILITIES. THE OPPORTUNITY LAY IN THE DEVELOPMENT AND EXECUTION OF A PLAN TO CAPTURE THE FULL UPSIDE POTENTIAL OF THIS ASSET.
PAGE 14 FEATURE: QUALITY ASSETS A CLOSE-UP ANALYSIS SUBSEQUENT TO ACQUIRING THE PROPERTY, ARC COMPLETED A DETAILED TECHNICAL REVIEW. SEVEN MONTHS AFTER GAINING OPERATORSHIP, ARC COMMENCED DRILLING THE FIRST OF SEVEN DEVELOPMENT WELLS. EACH WELL WAS SUCCESSFUL AND, MORE IMPORTANTLY, THE RESULTS CONFIRMED ARC’S EXPECTATIONS, WHICH LED TO PLANS FOR ADDITIONAL PHASES OF DEVELOPMENT. WITH NEW INFORMATION GAINED FROM THE SUCCESS OF THE INITIAL DRILLING PROGRAM, WORK CONTINUED ON REFINING THE MAPPING OF THE RESERVOIR. WHILE THE TECHNICAL TEAM WAS ASSESSING THE AREA’S ULTIMATE POTENTIAL, THE PROPERTY’S PRODUCTION INCREASED AS A RESULT OF THE RECENTLY DRILLED WELLS. HIGHER GAS PRODUCTION RESULTED FROM THE EASING OF FACILITY CONSTRAINTS THROUGH ADDITIONAL COMPRESSION. Group: Scott Reynolds, Bruce Hall, Brad Wilson Inset: Diana Meads ARC ENERGY TRUST AR 2001
Page 1 and 2: AR 2001 ARC ENERGY TRUST ANNUAL REP
Page 3 and 4: Photo: Drilling in the Drayton Vall
Page 5 and 6: OPERATING HIGHLIGHTS Years ended De
Page 7 and 8: AT THE TIME OF OUR INITIAL PUBLIC O
Page 9 and 10: PAGE 4 FEATURE: MANAGEMENT EXPERTIS
Page 11 and 12: John P. Dielwart Director, Presiden
Page 13 and 14: PAGE 8 MESSAGE TO UNITHOLDERS We ha
Page 15 and 16: PAGE 10 MESSAGE TO UNITHOLDERS envi
Page 17: PAGE 12 MESSAGE TO UNITHOLDERS We r
Page 21 and 22: Top: Deanna Kalenchuk, Wayne Lentz,
Page 23 and 24: PAGE 18 OPERATIONS REVIEW DEVELOPME
Page 25 and 26: PAGE 20 MAJOR PROPERTIES NORTHERN A
Page 27 and 28: PAGE 22 MAJOR PROPERTIES PEMBINA PE
Page 29 and 30: PAGE 24 MAJOR PROPERTIES CENTRAL AL
Page 31 and 32: PAGE 26 MAJOR PROPERTIES SOUTHEAST
Page 33 and 34: PAGE 28 MAJOR PROPERTIES SOUTHEAST
Page 35 and 36: PAGE 30 MAJOR PROPERTIES WEYBURN UN
Page 37 and 38: PAGE 32 ACQUISITIONS AND DIVESTMENT
Page 39 and 40: PAGE 34 RESERVES RESERVES Based on
Page 41 and 42: PAGE 36 RESERVES Reserves Reconcili
Page 43 and 44: PAGE 38 ENVIRONMENT, HEALTH AND SAF
Page 45 and 46: PAGE 40 ENVIRONMENT, HEALTH AND SAF
Page 47 and 48: PAGE 42 FEATURE: COMMITMENT DEFININ
Page 49 and 50: MANAGEMENT’S DISCUSSION AND ANALY
Page 51 and 52: PAGE 46 MANAGEMENT’S DISCUSSION A
Page 65 and 66: PAGE 60 MANAGEMENT’S RESPONSIBILI
Page 67 and 68: PAGE 62 CONSOLIDATED FINANCIAL STAT
Page 69 and 70:
PAGE 64 CONSOLIDATED FINANCIAL STAT
Page 71 and 72:
PAGE 66 NOTES TO CONSOLIDATED FINAN
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PAGE 78 QUARTERLY REVIEW QUARTERLY
Page 85 and 86:
PAGE 80 DIRECTORS AND OFFICERS John
Page 87 and 88:
PAGE 82 CORPORATE GOVERNANCE CORPOR
Page 89 and 90:
PAGE 84 CORPORATE AND UNITHOLDER IN
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ANNUAL REPORT 2001 AR 2001 ARC ENER
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Annual Report - 2001 - ARC Resources Ltd.

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