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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 Makemoney3on Dec 08, 2014 10:58am
246 Views
Post# 23205917

RE:buy or sell opportunity?

RE:buy or sell opportunity?Huge buy opp. ATH is not immune to the price of crude. Once crude rebounds, people will be kicking themselves for not buying at these prices. This is a well capitalized company able to withstand this temporary fall in crude. 

I'm still holding shares from 7.93 and will be a buyer at these levels.  
Bullboard Posts