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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.

TSX:ATH - Post by User

Athabasca Oil Corp

Bullboard Posts

Post by Roberto8024on Sep 11, 2013 11:09pm

353 Views

Post# 21734410

Bruce Campbell

Being really cheap and with a little bit of production, it has been waiting a long time for the Chinese deal to come through. The impact of that it has had a small recovery. Statistically, it looks very cheap. If you buy it here, you are taking a big chance on everything coming together. He would prefer companies that he knows would grow production now.

Bullboard Posts

Today's Market Open | Futures Edge Higher Amid Key Jobs Data Anticipation