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 > Is it just me or is the differential slipping?

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Comment by cahclickon Jun 28, 2024 9:06am

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Post# 36110429

RE:Is it just me or is the differential slipping?

Well, it's early days for TMX.
I suspect the contracts being fulfilled today were negotiated long before the completion of the TMX.
The bump in WTI since TMX started pumping has helped to take the sting out of WCS differentials but we're just going to have to wait and see where it settles out after Mr Market has a few months to sort things out.

jmo

go ATH go