Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Safe Supply Streaming Portfolio Company Safety Strips, Provides Corporate Update (click to learn more) Saturn Oil & Gas Inc. Announces $525 Million Accretive Core-Area Saskatchewan Asset Acquisition (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Energy Oil & Gas E&P
Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.


TSX:ATH - Post by User

Athabasca Oil Corp
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(111)
•••
Post by filefishon Aug 28, 2021 10:38am
220 Views
Post# 33778214

Contingent Bitumen Royalty rates

Contingent Bitumen Royalty rates
To recall the deal they made with with Burgess Energy, I copied a chart showing the contingent bitumen royalty rates.
A 2% rate kicks in at Hangingstone with WCS over C$50 and at Leismer with WCS over C$60
ATH can stay hugely profitable with WCS over 60 and paying a small royalty.
 		    
Hangingstone   Other Thermal Assets
Realized
Bitumen Price		 Royalty Implied
WTI*		   Realized
Bitumen
Price		 Royalty Implied
WTI*
$C/bbl % US$/bbl   $C/bbl % US$/bbl
Below $50/bbl 0%     Below $60/bbl 0%  
$50/bbl to $69.99/bbl 2% $75-91   $60/bbl to $79.99/bbl 2% $78-94
$70/bbl to $89.99/bbl 4% $91-108   $80/bbl to $99.99/bbl 4% $94-110
$90/bbl to $109.99/bbl 6% $108-124   $100/bbl to $119.99/bbl 6% $110-126
$110/bbl to $129.99/bbl 8% $124-141   $120/bbl to $139.99/bbl 8% $126-142
$130/bbl to $149.99/bbl 10% $141-157   $140/bbl to $159.99/bbl 10% $142-159
$150/bbl and above 12% >$157   $160/bbl and above 12% >$159

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities