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 greenhawkon Aug 29, 2014 12:09pm

280 Views

Post# 22890089

RE:RE:T.ATH halted expect huge run with Petro China partnership

Maybe not such a "tool". A JV with with PC is not impossible. They already have a working relationship with ATH, PC has Duvenay knowledege with Encana and wants gas long term.

Would not expect as big an SP jump as mtgfree suggests but it would be signiifcant if they could solve the funding and Duvenay development in one news release.

GLTA

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