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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

Post by smallcaptdron Nov 29, 2022 1:22pm
105 Views
Post# 35137193

No Insiders buying?

No Insiders buying?You would think that they would be buying or even taking advantage of Grant of Rights but nothing? They certainly wouldn't pay the market price for shares, ATH must be worried about Oil staying in the $70+ for weeks and this is with all the talk of OPEC cuts and being aware of everything that the BB is pumping and yet Oil stays in the $70+. I guess revenues for Nov will hurt after production costs of $50 are removed. Maybe they'll make $20 a barrel and that's the reason to drive SP to record highs with $70+ Oil



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