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 BargainHunter88on Mar 17, 2017 1:45am

165 Views

Post# 25991952

RE:what does this mean?

The CFA VP dude is buying again, this is one of the cheapest energy name you can get based on EV/2P, EV/BOED, cashflow will have a boost with their Cardium play as well as the Leismer oil sands if oil stays at current level. Hangingstone will generate decent cash flow if oil reaches $60. Easily $4 if oil goes over $60 and the company executes as per guidance later this year. Lots of potential.

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