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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
Post by BargainHunter88on Mar 10, 2017 2:12pm
214 Views
Post# 25964991

Just bought more shares

Just bought more sharesThe two CFAs (the guys who understand capital market and numbers) and the CEO are all buying shares in the open public market in the last few months.

Massive exits by international oil companies clearly label oil sands as out of favor assets. Their shortsightedness can not be better proven by putting in about 3 times money than they sold off the assets for. 
It's amusing how market perception bias swings from one side to the other drastically.
If oil keeps tanking to $40, I am just going load up on calls.
Bullboard Posts