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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 Gustoeson Mar 03, 2015 6:25pm
75 Views
Post# 23486053

RE:Just watched the video clip today

RE:Just watched the video clip todayHe called it capital intensive, which it isn't, It's your typical capex plans phased and on budget... but arguably better capex and likely lower cost to produce than many of the other junior oils that dipped 80%. He just gave the typical analyst blah blah stuff we already knew and are looking past. Once ATH goes up 35% asking him again, he'd talk about a great balance sheet, great asset, positioned well for oil recovery.  It's perspective...  ATH has dove 80% for what reason? It's not in a bad spot like these other oil juniors. It's a great spot for investors imo. 
Dennis da Silva owned Athabasca Oil Corp since it was private and has always touted the quality of the assets and the Chinese deal.
Bullboard Posts