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 kingshaneon Jan 09, 2020 10:30am

87 Views

Post# 30534302

RE:RE:RE:RE:RE:2020 Budget

"Maybe a would be acquirer with deeper pockets, could improve ATH costs by taking it over and paying debt in full with ATH cash and their own."

You got to be thinking someone is looking at this. Toss this in their asset mix and it would instantly improve things a bit for anyone while removing all the debt uncertainty that’s holding this stock down. Unless oil goes to $20 but then everyone will be hurting and OPEC will not let that happen.

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