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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

Comment by vwbusmanon Jul 05, 2024 7:11am
135 Views
Post# 36119277

RE:RE:A MAJOR HOLD!

RE:RE:A MAJOR HOLD!Nuttall needs home runs to draw attention to his fund and thus buyers and fees.   He is banking on BTE being an eventual home run vs. the solid "ho hum" performance of ATH.  

For me, the management of ATH is far superior and its debt free status is more in alignment with what I would like to own vs.  BTE and its questionable management and huge debt.
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