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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Comment by wallop13on Nov 06, 2015 7:22pm

43 Views

Post# 24268692

RE:RE:RE:RE:RE:RE:RE:RE:Thank you shorties <3

bigbird456 wrote: Ath will become like lre and lts . Good luck with your 20k more barrels the CEO made it very clear no wells will come into production tell the markets come back. They need 60$ a barrel won't see that anytime soon. I believe Iran has a shiat load of oil to bring onto the markets November 16

The investment is done, ramp up will cost nothing. The CEO was referring to the expansion of Hangingstone, that has no effect on the production capacity of the current facility. 20,000 is what ATH will produce, barring any shut down issues. You clearly do not understand the operations of this company.

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