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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

Bullboard Posts
Post by XKidon Nov 22, 2012 6:45pm
278 Views
Post# 20633788

Couldn't wait

Couldn't wait

As much as i was hoping to have an entry point at 10 I just couldn't wait. i can always buy more if it gets down that far. Today I found out about their position in the Muskwa. These guys are gonna be a major some day. They were amazingly cheap with their O/S and Duvernay position, then presto, they've got a dominant position in the Muskwa too.

I'm not much for investing, prefer to be shorter term, but wow this thing is going to do well over the next 5 years.

Watch for Huskies investor day when they disclose what they're doing up in the Muskwa could really generate some excitement up there.

Bullboard Posts