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

Bullboard Posts

Post by Winniepup22on May 10, 2018 7:28am

148 Views

Post# 28009765

Expecting an up day

MM's will open this above $2, loss was baked in already. WTIC prices are $12 above the last Q reported average. remember that for every $5 difference in WTIC that equates to a $80 mill bump in cash flows - - so if we are up $12 and these prices hold for the Q2 that means like $200 mill in added cash flows. DO the math folks - ATH is cheap!

glta
wp21

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week