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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 lefmikeon Oct 01, 2014 3:31pm
179 Views
Post# 22988042

RE:I said 3 weeks ago this stock is one short with oil price at

RE:I said 3 weeks ago this stock is one short with oil price atAll oil is down big time, not making an excuse here just stating a fact. Something to consider is that there have only been 1.4 million shares traded today on the TSX that is around 1/2 the daily amount... So it's not as if everyone is in a panic and getting out. This dropped so far and so fast for no reason other than it's a short toy right now and they are covering with whatever they can and are getting back good money. The company is in trouble of being sold from under their feet.... in that it's close to being a target and breakup.. Not good for those in at 10 PLUS but I believe those under that will get their money back...(EVENTUALLY)
Bullboard Posts