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 wallop13on May 03, 2015 4:58pm

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Post# 23689693

RE:Ath - 6 billion plus value equates to over $12 share value

Are you saying that ATH will be producing 82,000 barrels a day within 24 to 36 months. I don't think that will happen. That would be over a 1600% increase in current production. If ATH was producing 82,000 barrels and oil is $100 a barrel, ATH would be making $5 a share per year. The share price would be through the roof.

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Cross border trading in Canada and Australia