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

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Comment by Duxingon Dec 02, 2017 6:05pm

133 Views

Post# 27078822

RE:RE:RE:RE:RE:RE:RE:Here I did a calculation to predict ATH Q4 earning

Yes it said 50.75. But you need to read more detail. This was why you told two different numbers.
its hedging program includes 4000 bpd at costless collar WTI 62.5 - 71.25 in cad.
At the time of reporting, WTI was around 52 usd or 66.6 cad and now WTI is over 58 or 73.5. 71.5 is AOC current sell price base.

for theses 4000 bpd, AOC sell price in October was lower because of lower WTI, but now it is selling at 71.25 - 19.86=51.39 WCS

there are two fixed price swaps. you figure out the ready by yourself.

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