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Bullboard - Stock Discussion Forum 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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Re Shorts
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Comment by CLOUDER on Mar 05, 2022 2:19pm
hey, it went down 3 mill ish, on ATH shorts  but we are still the most shorted stock .                ERIC  said  that  ATH  has a royalty from BURGES,  who is burges?                                      AND  that ATH  makes ...more  
Comment by Moneyloop on Mar 05, 2022 2:30pm
CALGARY, ALBERTA--(Marketwired - Nov. 3, 2016) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or "the Company") is pleased to announce an upsizing of the previously completed Contingent Bitumen Royalty on its Thermal assets with Burgess Energy Holdings L.L.C. (the "Royalty") for additional cash consideration of $128.5 million. Including the initial Royalty ...more  
Comment by CLOUDER on Mar 05, 2022 2:42pm
WELL thank you Moneyloop,so burges makes a bunch, but hey as she goes up,  ATH will                                                                                        ...more  
Comment by newtonboy on Mar 05, 2022 4:32pm
Royalty Athabasca has granted Contingent Bitumen Royalties on its Thermal Oil assets. The Royalty structure ensures the Thermal Oil assets are not encumbered at low commodity prices. The Royalty on the Leismer and Hangingstone projects are based on a scale from 0% – 15% with a Western Canadian Select (“WCS”) heavy benchmark. At prices below US$60 WCS the rate is 0% (US$75 implied WTI assuming a ...more  
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