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.

TSX:ATH - Post by User

Athabasca Oil Corp

Bullboard Posts

Post by smarttrader2015on Mar 09, 2019 7:52pm

172 Views

Post# 29465844

RBC PRICE TARGET SET AT 2.25$ 150% POTENTIAL UPSIDE

Historically, it is a buy at below 90 cents. Remember guys it went down to 90 cents twice, and went up to 2$ within the last two years.

Big miss if you don't buy at this price. This company is going to be the next take over at this level, probably at a price of 1.5$ per share, which is equivalent to 750M$ in equity since their net debt is almost zero.

The cheapest oil company on the market right now.

Bullboard Posts

Viva Gold brings new drill program and updated PEA to Nevada project