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.

TSX:ATH - Post by User

Athabasca Oil Corp > ATH Status and outlook 1-3 months.

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Comment by Deutz9170on Oct 07, 2023 9:53am

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Post# 35674462

RE:RE:ATH Status and outlook 1-3 months.

I agree with the hedging idea. The company is to one dimensional to take on the currents risks in the market. And also to small. A strategy that fits the company's profile is needed. Not hedging in my opinion, implies that management is trying to be one of the big boys. The US has to has a lot of options to fight 120 WTI.

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