# Shell plc agrees to acquire Canadian producer ARC Resources Ltd. in a cash-and-share transaction.

*business · news · 2026-04-27 · Forbes*

## Key points

- Shell will acquire ARC Resources for $16.4 billion enterprise value, expanding its Montney Basin footprint.
- The acquisition boosts Shell's production growth outlook from 1% to 4% CAGR through 2030.
- Shell's Montney acreage will rise to nearly 1.94 million acres with the addition of ARC's assets.
- Expected $250 million in annual synergies will be achieved within a year after closing.
- The increased gas reserves will directly support Shell's LNG Canada operations and future Canadian LNG growth.

**Companies:** Shell plc, ARC Resources Ltd.
**Countries:** Canada, United Kingdom

[Read the full story on Forbes](https://www.forbes.com/sites/davidblackmon/2026/04/27/shell-bets-big-on-montney-basin-in-164-billion-arc-acquisition/)

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