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 > Read some of the posts....lol

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Comment by Chris007on Mar 19, 2021 10:59am

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Post# 32837589

RE:Read some of the posts....lol

They do indeed hedge about 1/2 their production. That being said, the price that they hedged nearly half their production in 2021 at around is $56

https://www.atha.com/uploads/presentation/aoc-corporate-presentation-march-2021.pdf

See slide 6

or the Q4 md&a (page 16)

https://www.atha.com/uploads/financials/2020/q4-2020---aoc-mhttps://www.atha.com/uploads/financials/2020/q4-2020---aoc-mda.pdf
da.pdf

old_dog wrote: Everyone is freaking....it's a long play not a Monday to Wednesday play......You guys keep forgeting they hedge their oil and they do it well...very well I might add so when oil dips $5.00 a barrell they sold their barrells for $5.00 more with hedging programs...so relax....and if oil drops $15.00 their bringing it out of the ground at MUCH HIGHER RATES....I figure they hedged their oil in the 60's or near abouts so they are laughing all the way to the bank.

I'll return you to your original progamming now.....THE FREAKING OUT SHOW.

old_dog