Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Bullboard Posts
Comment by matt2018on Dec 04, 2019 8:53pm
59 Views
Post# 30423226

RE:RE:RE:RE:RE:RE:Discussions underway.!!! Sharebuy backs

RE:RE:RE:RE:RE:RE:Discussions underway.!!! Sharebuy backs fellow,,,,, from page 5 on the presentation you just posted:

DIVERSIFYING  SALES TO THE US GULF COAST  Capacity secured on Keystone open season   7,200 bbl/d commencing in 2020 at pipeline economics  Provides access to heavy oil refineries in PADD III HEDGING  Synthetic rail = apportionment protection + financial hedge Q4/19 20,000 bbl/d @ ~C$53 WCS     2020 8,000 bbl/d @ ~US$19.50 WCS diff Internal hedge = Light Oil production offsets Thermal Oil costs ~8,500 bbl/d short condensate  ~15 mmcf/d short gas  LONG TERM EGRESS SECURED FOR DILBIT o20,000 bbl/d on TMX Expansion 25,000 bbl/d on Keystone XL
Bullboard Posts