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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 STOCKMAN70on Sep 11, 2013 3:26pm
283 Views
Post# 21733373

Latest price action

Latest price action
I don't think it is very realistic to expect any stock to go up every day.  I do agree that their does not seem to be much confidence in current management - and hopefully they will attract and hire some proven exectutive talent once they get the 1.3b (assuming they do get it).  ATH will find a price direction once some of the uncertainties become known - will they get the 1.3b? will they find a JV partner? will they execute on their production plans? etc...I want to continue to add shares before the provincial government announcement so it would be great if it could get down to 7.00, but I don't think it is likely.
C.
Bullboard Posts