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 > After 3 EGRESS MONETIZATIONS, ATH Is SHORT 7,200 Bbls/d !!!

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Comment by Nothingmatterson Aug 20, 2021 11:56am

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Post# 33739922

RE:RE:RE:RE:After 3 EGRESS MONETIZATIONS, ATH Is SHORT 7,200 Bbls/d !!!

Highly mismanaged company, that's why no one wants to give it the money to refinance....So they have to resort to these kind of gimmicks....

Eigen337 wrote: CORRECTION:

TYPO Error !!!

Should read:

"Their FUTURE operating margins WILL DECLINE as their EDMONTON WCS PRICE will still BE LOWER than their BRENT and US Gulf Coast PRICES even though the PRICE DIFFERENTIALS will BE COMPRESSED with the NEW LINE 3, UPGRADED Keystone and TMX pipelines !!!"

^^^^^^^^^^

E337