ARC Resources Acquired by Shell | Energy M&A Deal

Shell has acquired ARC Resources, a oilfield services business in British Columbia and Alberta, for $16.4 billion. Shell acquisitions target ARC Resources’ Montney shale operations, where the producer focuses on low-cost natural gas and liquids development across Canada’s Western Canadian Sedimentary Basin. The Shell acquisitions strategy uses this platform acquisition to expand Canadian energy production and strengthen basin-level optimization in the Montney region. The strategic acquisition is structured as an energy M&A platform deal, with ARC shareholders receiving C$8.2 in cash and 40.25 Canadian cents in Shell ordinary shares per ARC share, valuing equity at about $13.6 billion and enterprise value near $16.4 billion.