The "Shareholder Scorecard", compiled by L.E.K. Consulting and published by The Australian, showed ARC yielding shareholder returns of 420% over the last year and 28% over three years.

Eric Streitberg, MD of ARC, said it was pleasing to see the company's success acknowledged in such a tangible way.

"We have an exciting drilling and production program coming up and we are looking forward to further outstanding results for shareholders next year."