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 > Away we go, now let’s fast forward to Tuesday open

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Post by Maxmoeon Feb 15, 2021 3:30am

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Post# 32567109

Away we go, now let’s fast forward to Tuesday open

So wti is thru $60 partly because of the big freeze all the way down to Texas. Reports are production is down about 300k per day. That should tighten wcs a bit more so we should see $50 WCS this week. Giddy up cash flow jumps say 33000 b/d on a $10 jump this month is $120 million annually! And that's $USD ! So call it $150 million CDN. That's almost 30 cents per share. So, using a 4x multiple another triple from 40 to 1.20 in the ATH seems AOK. do-able by may I reckon. Man it just keeps gettin harder every day not to sell.