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

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Comment by deismanon Aug 27, 2013 12:12pm

296 Views

Post# 21700829

RE:RE:Well 100K shares traded and weak kneed

The average target among analysts is $11.93, according to Bloomberg data.

Thats 57.5% upside! The steak is still very very cheap at this price.

I don't mind hanging on long term and not so much for the PetroChina purchase which is only worth about $3.25 share. ATH's Duvernay assets are arguably the most exciting emerging resource play in Canada and that is where we'll get a double. I.M.O.

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