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 > Q3

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Post by cahclickon Oct 01, 2022 11:33am

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Post# 34999355

Q3

Q3 is in the bag.

Just had a thought this morning that lower WTI lately has been offset by the increase in USD against the Canadian peso.

On Mar 07, 2022 when oil peaked at $130.50, the USD was $1.28C$

Yesterday, Sept 30, 2022 WTI closed at $79.74 but the USD was now $1.38C$

So, the extra 10 cents per USD helps take some of the sting out of lower WTI for ATH.

Thats it. That's all I got.
Happy weekend.
glta

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