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 > 2022 Free cash flow

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Comment by TickerStock101on Feb 02, 2022 6:30pm

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Post# 34391154

RE:2022 Free cash flow

The presentation makes no sense as at 70WTI they fortcasted 125millon of FCF yet at 85WTI it's only 185 million FCF?? That's a really low estimate!! It should be way higher! So for every 5wti raise its 20 million?? Doesn't make sense.

For the 4th quarter of last year they made 90 million FCF according to the presentation yet they had very similar hedges this year as in that quarter and WTI averaged much lower than 85...

Simple math says 90millionx4quarters= 360 million??

What am I missing here??

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