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 06, 2015 11:30pm

97 Views

Post# 23702683

RE:RE:ATH will be alright

Any changes the NDP make will be minor. Corporate tax goes from 10% to 12%, I'm sure ATH can handle the extra 2%, not that they're even paying the 10% right now (with not making money and all). As far as royalties go, any change would be minor. Harm to oil companies hurts all Albertan's, ask the 100s of staff that lost their ATH jobs in the last 4 months.

You lost your job, but at least you don't have to pay the PC's increased land transfer fees ;)

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Cross border trading in Canada and Australia