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 lefmikeon Jun 05, 2014 1:53pm

240 Views

Post# 22634187

RE:RE:RE:RE:June short position,

I agree that it's JV partner will come in handy and make it easier On the production side of expenses but that 1.28 Billion is not a short term solution I don't think. Looking over the past 5 years ATH around that in total so I would say the infusion of capital will give ATH an awful lot of breathing room... But as I said earlier I think you're right about nervousness generally WITH ATH.

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