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 > Miller Time: ATH Is NOW PAYING 4.0625% ROYALTY On WCS !!!

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Comment by filefishon Oct 04, 2021 12:04pm

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Post# 33961012

RE:RE:Miller Time: ATH Is NOW PAYING 4.0625% ROYALTY On WCS !!!

The Burgess deal was something that needed to be done at the time. The 4% royalty amounts to about $3.50 at the current WCS price. Not overly burdensome at the current realized price but I wonder if this is somehow hanging up whatever they are negotiating at the present time.

Eigen337 wrote: SORRY about the DOUBLE post !!!

I 'thought' I was doing an EDITING job and the post GOT CANCELLED instead of it being POSTED !!!

E337