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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 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.


TSX:ATH - Post by User

Bullboard Posts
Post by auburn2on Dec 18, 2019 12:06pm
97 Views
Post# 30468567

Credit Ratings

Credit RatingsHow is it possible ATH is CCC+ while Western Energy is....
https://cbonds.com/news/item/1087175

S&P Global Ratings affirmed the "B" Local Currency LT credit rating of Western Energy Services on February 25, 2019. At the same time the rating agency revised outlook to negative from stable.

Strange.
Bullboard Posts