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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
Comment by bmofoshizzon Apr 03, 2014 1:51am
193 Views
Post# 22403856

RE:RE:RE:RE:Upside to the downside

RE:RE:RE:RE:Upside to the downsideAlternatively, maybe the ridiculous hypocrisy of sitting on the Board of the Natural Resources Defense Council, and being the largest shareholder by miles in a soon to be major oilsands company finally got the better of ZAM's Phil Korsant.

And maybe the persistent horseshit spewed by the zealots at NRDC have convinced him to blow out ATH at a huge personal loss in order to deal a reputational blow to the oilsands as a long term investment.

Maybe, but probably not.
Bullboard Posts