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 > You People Are ALL LOST On This ATH BB !

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Comment by ztransforms173on Dec 22, 2023 2:05pm

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Post# 35798158

RE:RE:You People Are ALL LOST On This ATH BB !

- RIGHT NOW, CVE will NOT GROW Christina Lake by 50,000 bbls/d of BOP and they are NOT PLANNING TO

* they already have 60,000 to 75,000 COP/BOP FUNDED GROWTH in the NEXT THREE YEARS {Foster Creek, Narrows Lake, Sunrise and OFFSHORE ATLANTIC}

- I was MAKING a COUNTERPOINT on an INVESTMENT DECISION to BUYOUT ATH VERSUS EXPANDING Christina Lake

- for CVE, Duvernay Energy is SIMPLY a CONTRACTED SIDESHOW ready to be MONETIZED in 5 to 7 years

- with HEADWATER, they DIDN'T even WAIT for the drilling to PAY OFF as they were FIXATED on DEBT REDUCTION

z173

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