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Bullboard - Stock Discussion Forum 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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Still Profitable at $55.01 WCS
View:
Post by MLEWICKIMBA on Oct 18, 2022 9:32am

Still Profitable at $55.01 WCS

That is $75.47 CAD @ 35,000 bpd = $964,000,000 in yearly revenue on costs of $700 000,000 before capex I believe. So its ok even at this level.... Won't be this price the entire year....
Comment by Oilinplay on Oct 18, 2022 9:50am
Watch what happens when oil passes $100 and the covenants for the debt restrictions come off. 
Athabasca Oil Corp
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