ARC Resources Ltd. and Seven Generations Energy Ltd. announced a strategic combination of the two premier Montney producers. The combined company will continue to focus on significant free funds flow generation through a responsible and disciplined approach to development while creating superior and enduring value for all shareholders. The combined company will bring together the strengths and talents of both organizations to drive superior performance and deliver strong returns to shareholders.

Financial strength, disciplined capital allocation, operational excellence, safety, and leading ESG performance, will continue to be key tenets for the organization. Management will be led ARC's Kris Bibby as CFO.