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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 BigJakeon Feb 28, 2023 12:47pm
130 Views
Post# 35310070

RE:RE:50,000 per flowing barrel

RE:RE:50,000 per flowing barrel
MLEWICKIMBA wrote: USD? 

What's the comparison value for Ath based on 37500 bed? 

After 600 million debt is assumed Baytex is paying more like 40,000 per flowing barrel with 15 year reserves, so if ATH has 6x more reserves how much a flowing barrel do think they are worth, alot more than 46,000 I would think 

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