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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 shambano1on Mar 04, 2016 12:37pm
223 Views
Post# 24622754

RE:Ath on the run now finally up 24 % in 2 days

RE:Ath on the run now finally up 24 % in 2 daysyes ATH got hit hard even after they signed that deal with Murphy oil which was kind of puzzling and

made me wonder what the heck was going on.

I think once the deal is final which should be announced soon, it will releive many investors that had 

questions about the deal going through especially with ATH stock price falling so hard after the was annoucned.


in a rising oil price environment, ATH will ahve options in the oil sands businesses and murphy will do the heavy lifting on the conventional side.

of course they need higher NG prices for their montney development but it will take time, maybe 2017 will be better for NG development.

GLTA
Bullboard Posts