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 > Can a company change their hedges?

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Post by Tanman1914on Feb 18, 2022 1:22am

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Post# 34440754

Can a company change their hedges?

I took a look at Athabasca Oil latest report and it shows their hedges for 2022 are:

30% of sales hedged at US 67.50
20% of sales - collars with upside to $110WTI (Q2-Q4)

this is different from guidance presentation a month before which said:

20% of sales - collars with upside to $96 WTI

How did they change their hedges for 2022?

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