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 Sep 26, 2013 4:20pm

165 Views

Post# 21770972

RE:RE:Eric Nuttall on BNN yesterday

BNN shows Nuttall as saying "Athabasca Oil (ATH TSX) Most recent purchase Aug.28 at $7.50
Legal conclusions in the coming months should allow them to receive $3.30/ share in cash from Petrochina. That combined with a possible joint venture on their Duvernay acreage could lead investors returning to the story after a few very frustrating years. Asset value exceeds $10/ share."
so STOCKMAN70 you are correct that the $3.30 is not factored into the share price but you are low on the price it will reach upon favorable news.

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