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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 kingshaneon Jan 10, 2020 12:15pm
94 Views
Post# 30539155

RE:RE:Curtailments needed again

RE:RE:Curtailments needed againWhile I do believe heavy oil will be where it’s at in the future.  There’s just too much of the other stuff everywhere else so it will be in high demand when we can get it out. However these Small caps have the advantage of being at a discount in times like these and since there’s hardly any of them left or being started these guys will be the first to get acquired in this new era of E&P'S.
Husky could sure use some which would instantly add to their bottom line without any consequences at these levels.  They need to get more integrated.

Bullboard Posts