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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 18, 2014 10:25pm
248 Views
Post# 23041194

RE:ath take over by cnoc?? net cost 600 m$

RE:ath take over by cnoc?? net cost 600 m$How does that work? All the institutions just hand over their shares? All the private investors sell their shares for nothing? You really need to re-read what you write, to take control of this company they would need to own 51% of all shares, to do that they would need to purchase those or make an offer. Not sure if you are aware but the majority of the shares are valued way over 7.00 so you think they would let them go at what? 5,00 not likely
Bullboard Posts