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.

TSX:ATH - Post by User

Athabasca Oil Corp

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Comment by lefmikeon Aug 11, 2014 2:27pm

224 Views

Post# 22829295

RE:Second post

OilRunner welcome, nobody was attacking you for being new just your comment was pretty strong for a newbie but hey we're all new at some point. Yes you are totally correctomundo about nonsense being posted here, I'm guilty as much as anyone I guess, but all in all some of us do believe in what we spew. Now I would like to direct you to the Q1/2014 financials, in those, the company had their loans extended, increased and repayment delayed.. That doesn't sound to me like financing is a problem I don't think. But you're right about the investment community being out of favor with ATH, WHO THE HECK WOULN'T be? I'm accused of pumping this pig but in truth, I'm fed up with all the delays just like the rest here... Anyway good luck here, you might need it. :-)

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