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.

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Athabasca Oil Corp > Contingent Bitumen Royalty rates

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Comment by filefishon Aug 28, 2021 7:15pm

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Post# 33778844

RE:RE: Contingent Bitumen Royalty rates

The table with the implied WTI prices change all the time. The point I was making is that the royalty rates are not "nasty" as you suggest, especially when they are getting $60+ WTI.
And yes Line 3 and TMX will help narrow the WTI vs WCS price, and the differential can also be hedged for protection against blowouts.

Eigen337 wrote:
Your IMPLIED WTI price tables are OUT OF WHACK since the WTI/WCS Price Differential is ABSOLUTE VALUE LESS THAN {USD MINUS 13 per barrel} !!!

With the US SECTION of Enbridge Line 3 REPLACEMENT Pipeline OPERATING within 60 DAYS (?????) and TMX Pipeline starting to TRANSPORT crude oil by END of 2022/EARLY 2023 {?????}, the WTI/WCS Price Differential will COMPRESS EVEN FURTHER !!!???!!!

This is my opinion only.

Eigen337