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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

Comment by Hendrick3on Jan 11, 2021 10:14pm
177 Views
Post# 32273270

RE:Canadas WCS=$34 while Brent = $56

RE:Canadas WCS=$34 while Brent = $56Great misinformation you are providing. WCS closed at $37.49. There is always a quality and transportation differential of about $15 between WTI and WCS as WCS is a very heavy oil which requires much more refining. Seems to me that everything is pretty normal in the oil pricing world. The $15 differential has been the norm for years. 
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