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 > If we average 85 WTI in 2024

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Post by MLEWICKIMBAon Dec 24, 2023 12:30am

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Post# 35799536

If we average 85 WTI in 2024

1. I don't expect a recession in the world

2. Where ever I have travelled to recently all I see is construction and a lot of it.

Most Oil and Gas EP's are on the verge of capital returns of 50 to 100%.

85 WTI and a 15 dollar differential and the upside is huge.

January 9th 2024 a big day it seems.

Merry Christmas Gang.

ML

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