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

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Post by MLEWICKIMBAon Nov 08, 2023 11:39pm

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Post# 35725317

Just Wait

1. WTI is fine at 75-76 for now.

2. WCS will tighten soon by 5 to 8 bucks which will help cash flow of course. 58 to 60 WCS with a 1.37 CAD is just fine. Second half of the 4th quarter.

3. OPEC wants 80 to 105 range.

4. TMX Pipeline brings WCS to 12 to 14.

The ED MORSES and MIKE MCGLONES of the world are extremists. If oil were to fall to 50 bucks like they suggested and still suggest then 30% of North American production would shut.

Just Wait.

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