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 > ATH cashflow model used by E Nuttall

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Comment by Chris007on Jan 22, 2021 12:51pm

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Post# 32360232

RE:ATH cashflow model used by E Nuttall

https://twitter.com/ericnuttall/status/1352646378120499205/photo/1

You can definitely see the potential at higher oil prices and narrower differentials.

That being said, it is good that he provided this info, as it backs up his stance on market call that this stock is basically a call option on 60+ dollar oil.

D/CF improves dramatically at $60...D/CF at 50 WTI is downright scary at almost 29 times.