The board of directors of ARC Resources Ltd. announced the appointment of Terry Anderson to the role of Chief Executive Officer, effective February 20, 2020. Myron Stadnyk will continue to serve as President and Director of the Corporation until his retirement on April 30, 2020. Terry Anderson has served as ARC's Chief Operating Officer over the past five years; prior to this, he successfully led ARC's engineering, production, and operating teams during his 20 years with the Company.

Terry was a leader of ARC's transformation, from a widespread royalty trust to a highly focused Montney developer, and has most recently been responsible for ARC's Montney development and production activities in northeast British Columbia and northwest Alberta, as well as ARC's significant operations in the Pembina Cardium.