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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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

Bullboard Posts
Comment by PUNJABIon May 22, 2016 9:09pm
104 Views
Post# 24896857

RE:RE:RE:RE:RE:RE:i am in love with this company

RE:RE:RE:RE:RE:RE:i am in love with this company


FROM SGY balance sheet but same rates apply. This is better format for posting


The reserves evaluation was based on Sproule forecast pricing and foreign exchange rates at Jan. 1, 2016, as outlined in the table. The Sproule Jan. 1, 2016, forecast pricing for West Texas Intermediate oil and natural gas at AECO is $45.00 (U.S.) per barrel and $2.25 per million British thermal units, respectively.

 

 FORECAST PRICING Price forecast Edmonton light crude oil WTI oil AECO natural gas Foreign exchange rate ($/bbl) (US$/bbl) ($/mmbtu) (US$/$) 2016 $55.20 $45.00 $2.25 0.75 2017 69.00 60.00 2.95 0.80 2018 78.43 70.00 3.42 0.83 2019 89.41 80.00 3.91 0.85 2020 91.71 81.20 4.20 0.85 2021 93.08 82.42 4.28 0.85 2022 94.48 83.65 4.35 0.85 2023 95.90 84.91 4.43 0.85 2024 97.34 86.18 4.51 0.85 2025 98.80 87.48 4.59 0.85 2026 100.28 88.79 4.67 0.85 Thereafter 1.5%/year 1.5%/year 1.5%/year 0.85
Bullboard Posts