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 > going up up

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Comment by MaximusGainuson Nov 24, 2021 6:18am

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Post# 34160318

RE:RE:RE:RE:RE:RE:going up up

Regarding differentials, here is a good breakdown of recent refinery margins, costs to process our heavy oils compared to the various types of crude used in the US.

Our oils require some additional processes, like coking, cracking, and sulfur removal.

Remember, demand for heavys are seasonally lower at the moment as well.

Lately, refinery margins are trending lower in the right direction, which should work to tighten diffs somewhat. Once the trans mountain is back in service to the west coast, it should give it a boost as well.

https://www.spglobal.com/platts/en/market-insights/latest-news/energy-transition/112321-refinery-margin-tracker-us-margins-dip-pre-thanksgiving-as-us-releases-spr-barrels-to-cut-gasoline-prices

MrICE wrote:
You Could be in Canadian dollars.

https://www.oilsandsmagazine.com/energy-statistics/real-time-oil-prices-wti-brent-wcs-energy-stocks

The other real reason Differential is high from what I understand is it takes gas to Crack it. Gas prices are obviously up too
pipeline capacity isn't the whole thing apparently. I'm in no way a authority on this.
I'm sure there is someone out there that could explain it better