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 > If ever there is going to be a buyout its now before hedging

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Comment by bosstradeon Oct 27, 2021 8:24am

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Post# 34053592

RE:RE:RE:RE:RE:RE:RE:RE:If ever there is going to be a buyout its now before hedging

Hey Max do yur homework junior? You were SO WRONG about a company I do follow, Grant Tierra you should check your incredibly misleading , or not, allegations about Columbian companies not getting hedges. Sorry, couldn't help myself using your own words. Anyways, lots of hedges in other companies in other countries as well like Columbia.

- Oil Price Hedges In Place Designed To Protect Cash Flows During Second Half 2021: The Company has the following oil price hedges in place, including hedges covering 10,000 BOPD in second half 2021 with a weighted average floor price of $57.03/bbl and a weighted average ceiling price of $65.29/bbl (realized oil price hedging losses totaled $13 million during the Quarter):

Period and type of instrument	Volume, BOPD	Reference	Sold Put ($/bbl, Weighted Average)	Purchased Put ($/bbl, Weighted Average)	Sold Call ($/bbl, Weighted Average)	Premium ($/bbl, Weighted Average)
Three-way Collars: April 1, to June 30, 2021	14,000	ICE Brent	36.43	45.14	51.45	0.21
Collars: April 1, to June 30, 2021	1,000	ICE Brent	n/a	45.00	50.40	n/a
Three-way Collars: July 1, to December 31, 2021	4,000	ICE Brent	45.00	55.00	68.00	n/a
Three-way Collars: July 1, to December 31, 2021#	3,000	ICE Brent	50.00	60.00	70.21	n/a
Swaptions: July 1, to December 31, 2021	3,000	ICE Brent	n/a	n/a	56.75	n/a