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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

Post by ManitobaCanuckon Aug 01, 2021 12:29am
496 Views
Post# 33637779

Mexican Maya Cruse vs WCS

Mexican Maya Cruse vs WCSMexican Maya Crude which is similar to WCS  trades at almost 70$ with just a 4$ differential to WTI .

Could the differential drop to 4$ when TMX is open in 2022 and we have access to Asian/Chinese markets. 
If so ,real cashflow starts after 2022 once TMX is open .
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