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 > United States Economic Forecast Q2 2022

<< Previous

Bullboard Posts

Next >>

Comment by fellowshipon Jul 04, 2022 9:22pm

112 Views

Post# 34800663

RE:United States Economic Forecast Q2 2022

For 2022, Athabasca forecasts Adjusted Funds Flow of ~$300 million and Free Cash Flow of ~$180 million (US$85 WTI, US$13.50 Western Canadian Select heavy differential). The Company further expects to generate ~$900 million in Free Cash Flow during the three year timeframe of 202224 (US$85 WTI, US$12.50 WCS differential flat pricing). Every US$5 WTI impacts Free Cash Flow by ~$45 million annually (unhedged).

<< Previous

Bullboard Posts

Next >>

A junior copper-gold stock trading at a bargain of monumental proportions