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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

Comment by Oil2018on Jan 21, 2021 7:05pm
263 Views
Post# 32355712

RE:RE:Not good news with new shareholder disclosure

RE:RE:Not good news with new shareholder disclosure
Good evening

Isn't a good thing an institution bought there shares.....Nutall liked this stock before and he sold because they were not keen on buy backs.   He must see some upside and I believe with rising prices and debt restructuring you will see ath buy back shares.  I think the exposure will help ath now being in his top 10.   I was so worried this week about them going private a la Bonavista.     I honestly believe this company with the solid assets they own should not sell any less than 1$ per share........there has to value in companies like these for if your a SU or CNQ your going to acquire for increased production will not come easy in the next 12 to 24 months. As for debt one must remember they have cash on hand as well.  Good luck to all.
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