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 > They have yet to hedge 15K barrels for FY '22

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Comment by Mindseton Oct 25, 2021 11:42pm

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Post# 34048157

RE:They have yet to hedge 15K barrels for FY '22

Because I'm a generous Ape, I'll throw you a banana... they plan to hedge 75% of their thermal oil, not their light oil. So they only have about 6000 barrels left to hedge.

But I'm sure with your high reading comprehension and Uber ability to understand the complexities of their hedging program you already knew that.

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