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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 bosstradeon Jan 15, 2020 6:57am
95 Views
Post# 30554365

RE:RE:How long does it take for the company to put out a NCIB news

RE:RE:How long does it take for the company to put out a NCIB news150,000 more barrels shipped per day between enbridge and TC will shrink the diff. Also, Think you should reread. They are in the good right now by min $5 per barrel without the hedges. From their report ...
"US$45 WTI funds flow breakeven (US$17.50 WCS  differential). Athabasca believes it provides shareholders a compelling value proposition with future free  cash flow and an unhedged funds flow sensitivity of ~C$70 million for a US$5/bbl move in WTI"
Keystone just announced construction, Enbridge line 3 is very near, and transmountain is being constructed. Once these progress further, the Canadian oil is going to jump.
Like I've said multiple times, the big boys know this and will buy upn ATH
Bullboard Posts