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.

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Athabasca Oil Corp

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Comment by specboy2011on Jan 20, 2015 9:33pm

116 Views

Post# 23342094

RE:RE:NEW SHORT REPORT OUT

BNN?? huh..The pulpit of the paid for analysts.regardless of oil at 50 NG at 3 bucks these companies are going to be writing down a ton of assets on their books.Earnings going to get creamed and of course little to no production growth.Then you need money they dilute.I can almost make a great case to short and see the sector fall a lot further.Not something I want but these things pick up steam.This is a generality and not stock specific here as ATH at least has some cash but MGT has been great at burning it as well

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