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 pppon Apr 05, 2019 12:13pm

146 Views

Post# 29588101

RE:some very good info

Pay attention to this chart. Market got caught with the double wammy of low WCS and High concentrate prices in Q4 That is not a problem today. These guys need to add about a 1/3 of concentrate to every bbl to get WCS prices. WCS is bringing in 72 Can and concentrate costs 77.
so 5 dollars more than WCS. Using the chart below you can see what happened in Q4

https://www.oilsandsmagazine.com/energy-statistics/oil-and-gas-prices#dailyCAD

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