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.

TSX:ATH - Post by User

Athabasca Oil Corp > Now has a good balance sheet

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Post by Cheadle12on Jul 07, 2023 12:35am

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Post# 35530306

Now has a good balance sheet

Good assets. Leismer is solid. Hanginstone 'meh'

This one is good and governance is acceptable. Be careful with PIPESTONE energy as by all indicattions it could be taken to the glue factory aka PONY'd ONLY flushed down the PIPE!

ATH has cash and balance sheet is sound as a hound now. Eric Nutal likes this one too and he owns it which is a good sign that funds like your stock. Contrast with PIPE where Nutall got ouf of PIPE as he knew it would drop from inner rot.

Nutall in your stock is a good sign ATH.

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