Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Nicholasgriton Jul 28, 2023 1:50am
130 Views
Post# 35560990

RE:What a story

RE:What a story Agreed........

100 yr reserves
No debt
buybacks 
Years of Tax breaks
Huge growth opportunities 
Solid management team

In a bear market, and at a time when world supplies and inventories are way down and NOT being replaced........ an oil bull market is coming the likes that has not been seen in many decades

Additionally oil and gas have been 80% plus of the energy market for decades and even with gov putting in trillions on alternatives continues at 83% even now.    

Until nuclear fusion (like the sun) is successful and we can mine helium 3 from the moon oil and gas will stay around 80% I believe. 

Conclusion these middle oils will grow as the majors keep hurting themselves 

Food for thought
China and India are starting coal plants at a rate of 2 plants per week....... because they don't have oil and gas....  
<< Previous
Bullboard Posts
Next >>