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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Bullboard Posts
Comment by matt2018on Jan 08, 2020 8:30am
136 Views
Post# 30529593

RE:Shortest war & rally in history. Ha

RE:Shortest war & rally in history. Haagreed bosstrade.....wars can have opposite effect, markets may plummet in the short term as many investors want to move to cash and sell all asset classes regardless of commodity prices.
For a company like ATH to be successful, they need a stable economy with strong demand and executing in the field lowering production cuts, etc.
Not much they can do about the price but support the curtailments.




Bullboard Posts