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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 Renofundon Feb 22, 2021 3:00pm
165 Views
Post# 32628391

RE:MEG Accelerating

RE:MEG Accelerating

lovehockey wrote: MEG is making tremendous moves on the market. Remember that ATH share was trading was 1 to 5 vs MEG share before there was a hype about ATH inability to refinance. If ATH refinances that alone should make ATH $1.35 stock. 

 

RBC upgraded MEG this morning to outperform and raised target from 5.50 to 8.50

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