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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 Nothingmatterson Jul 14, 2021 2:16pm
92 Views
Post# 33543268

RE:RE:RE:RE:RBC Catalysts for Jul 28

RE:RE:RE:RE:RBC Catalysts for Jul 28However, I do believe they should refinance in this quarter...
Nothingmatters wrote: I dont think oil is going back in the 60's if opec follows the line...
mlcb2525 wrote: If so, they need to get a new management team. The longer they wait the more risk. I do not think the benefit of trying to shave a few basis points off the loan is justified, given the potential risk. I personally think that oil will be in the $75-$85 buck range at some poin this year. However, with the recent lack of vaccine pickup in the USA & Europe and increases in new variant infections along with the always potential OPEC issues, the risk is that oil prices can go back into the $60's....




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