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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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.


TSX:ATH - Post by User

Comment by cahclickon Jul 22, 2022 10:40am
102 Views
Post# 34842994

RE:RE:RE:RE:MTD WTI AVG is $99.71

RE:RE:RE:RE:MTD WTI AVG is $99.71

I think you're light at 2.95

I believe all oily names are in for a signicant bump as they dump their DEBT drag.

$100 wti has been a wild card dealt to the sector that lets them out from under the heavy weight of debt in a pretty short time frame. Most oily's can survive at HALF the current $100 WTI so once debt is of their balance sheets it's a new game baby !

Go ATH Go !

jmo

glta



 



MLEWICKIMBA wrote: But you know if we stay in this range for the next 5 months its pretty good for oil firms and probably rerates them because hopefully less volatility, less inflationary pressure and a way we go. I think Ath 2.95 end of the year and steady if oil 90 to 95....especially if WCS back to normal differential.

 

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