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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 Nic777on Mar 16, 2021 8:58am
217 Views
Post# 32806204

RE:GET REAL........

RE:GET REAL........You're obviously talking ATH down.  Either you are short or wanting to buy shares.  Oil is very bullish at this point with supply increasingly constrained and driving season just around the corner.
ATH will continue to mint $$$.

guelph1 wrote: To all you pumpers of this stock, give your heads a shake.  This company's continued survival is predicated on the price of WCS and in a minor part the price of NG.  They've cut their expenses to the bone and borrowed to the hilt to survive, not alot of upside.  Watch the oil prices/NG price/news and what do you see, increased production especially from the cheater countries, stagnant demand in North America and in ATH's case, they are not replacing their reserves through a limited capex budget.  Some of you are delusional with your fairy tale price predictions.  We all are entitled to our point of view and this is mine.....  


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