Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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.

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Athabasca Oil Corp > Market not recognizing cost reductions in ATH

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Comment by Nothingmatterson Oct 22, 2021 2:25pm

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Post# 34038440

RE:RE:Market not recognizing cost reductions in ATH

My target is $2 by feb 2022..

mlcb12345678910 wrote: I agree, only this Mgt. Team can screw it up at this point. Like WCP, they need to follow the "Nuttal Doctrine," which means putting the emphasis on the rewarding the current shareholders asap.

Another Mgt error is to put this "Oct 22nd update," so close to Q3 earnings release. The release has to be good news and meaningful or we can see more weakness. The fact that we are down 3 cents is telling. I am hoping it is just the shaking out the weak hands. As for me, I am in for the long haul (hopefully, not too long) and would not consider selling until $1.50.

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