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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Margins -- 5 bucks a day x 24K plus and then 28k plus bpd
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Post by MLEWICKIMBA on Nov 03, 2023 12:05pm

Margins -- 5 bucks a day x 24K plus and then 28k plus bpd

https://www.oilsandsmagazine.com/news/2023/11/2/athabasca-reports-a-new-record-for-leismer

5 x 28.5k = 142,500 everyday or,

$52M CAD per year which means a base inflow of cash for buybacks.

ATH will start to run again soon and then really run,

As,

1. Maintenance in the USA is over -- 4 to 6 weeks max
2. TMX line fill and operations begin -- 12 to 14 weeks
3. Leismer further developed -- 6 to 8 months

One of the best run firms in North America 

ML
Comment by OGInvest0r on Nov 03, 2023 12:16pm
Agreed ML. Thanks for your upbeat posts. They really help on weeks and months like this.