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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 Winniepup22on May 15, 2018 9:10am
165 Views
Post# 28031473

RE:RE:Well i guess I'll be buying tomorrow

RE:RE:Well i guess I'll be buying tomorrowThe Goose is trying to poop on ATH parade but unfortunately this goose has got the runs.... This time IS different as WCS prices were over $30 less than now at this time last year. ATH is primed and ready - an equivalent chart is MEG.to and they are flying, and we have lots of room to run on ATH. A weekly close above $2.15 will than take ATH to target $2.75 - $3 (last support before the swoosh to under $1. Remember the cash flow sensitivity on ATH - for every $5 in WTIC above $60 its another $80 million FCF. glta wp21
Bullboard Posts