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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 Backwardbladeon Feb 28, 2015 8:58am
73 Views
Post# 23475293

RE:RE:RE:RE:lots of high flying projections on this forum

RE:RE:RE:RE:lots of high flying projections on this forum
bigbird456 wrote: K what mid tier company do u own that have the reserves and revenue these guys well have come march 2. Almost every mid tier company has way higher debt and no where near the reserve. They well jv with someone soon enuff. I honesly cant find any. But if u can find a better one can u post it please. Ath has great potential


VET....Yes they have debt, but as Corrib comes online (which is mostly paid for, about 60 mil, left?), Q2, should be good.  If not, Q3 even better. Great monthly dividend, which is high now, but again, ratio will drop once Corrib online.   ATH has great potential, VET is actually doing it.  I'm in/out ATH weekly.  Holding VET for 10 Bucks and monthly dividend. 30-40% Brent.  AND it can flip you +/- 2.00/sh a day sometimes if you want to trade some of it.
Bullboard Posts