June 20 (Reuters) - ARC Resources Ltd ARX.TO :
* ARC RESOURCES LTD. UPDATES ITS 2019 AND 2020 CAPITAL EXPENDITURE PLANS
* ARC RESOURCES LTD - BOARD OF DIRECTORS HAS APPROVED A REDUCTION TO COMPANY'S 2019 CAPITAL EXPENDITURE PROGRAM, FROM $775 MILLION TO $700 MILLION
* ARC RESOURCES LTD - 2020 CAPITAL EXPENDITURES ARE EXPECTED TO BE IN RANGE OF $550 MILLION TO $625 MILLION
* ARC RESOURCES LTD - ARC CONTINUES TO ESTIMATE ANNUAL SUSTAINING CAPITAL REQUIREMENTS OF APPROXIMATELY $400 MILLION.
* ARC RESOURCES LTD - ARC'S 2019 PRODUCTION GUIDANCE OF 135,000 TO 142,000 BOE PER DAY REMAINS UNCHANGED DESPITE REDUCTION IN CAPITAL EXPENDITURES
* ARC RESOURCES LTD - DAWSON PHASE IV FACILITY IS ON SCHEDULE WITH ANTICIPATED ON-STREAM DATE REMAINING IN Q2 OF 2020
* ARC RESOURCES LTD - ATTACHIE WEST PHASE I PROJECT WILL BE DEFERRED BY AT LEAST ONE YEAR FROM ORIGINALLY PLANNED ON-STREAM DATE OF MID-YEAR 2021
* ARC RESOURCES LTD - ARC WILL CONTINUE TO PILOT ITS ATTACHIE OPERATIONS THROUGH COMPANY'S EXISTING INFRASTRUCTURE.
* ARC RESOURCES LTD - REDUCTION TO 2019 CAPITAL PROGRAM RELATES TO DEFERRAL OF ATTACHIE WEST PHASE I GAS PROCESSING AND LIQUIDS-HANDLING FACILITY
* ARC RESOURCES LTD - TO MAINTAIN CURRENT MONTHLY DIVIDEND OF $0.05 PER SHARE