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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

Post by MLEWICKIMBAon Mar 02, 2023 1:14am
356 Views
Post# 35314249

WCS and ATH Price Model for 2023 Cash Flow Target

WCS and ATH Price Model for 2023 Cash Flow TargetATH states $85.00 USD WTI with a $17.50 USD Differential.

We are at $77.67 USD WTI this morning and we have a $15.41 USD Differential.

Therefore $2.09 USD plus $77.67 = $79.76 USD or $5.24 USD Difference.

With the CAD$ it makes up for some of that $5.24 I would think.

So we are almost in the sweet spot area for cash flow.


Six months of this and we have 20 to 25M shares going bye bye....

Debt being serviced.  Debt being repaid possibly down to $150M by October 2023.

All of this means a $4.00 stock price is on the HORIZON...

ML


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