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

Bullboard Posts

Comment by Duxingon May 10, 2018 6:23pm

160 Views

Post# 28015011

RE:Ath back

Nearly 100 million loss. Nobody can pretend not see it. This put a big question mark on ATH management team: What happened to these guys?

Here to compare ATH and MEG:
heavy oil production 30000bpd vs 93000bpd
Operating loss; 55m vs 18m.
who can explain the result?

watch this baby gap down tomorrow!