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

Comment by kingshaneon Jan 13, 2020 11:30am

73 Views

Post# 30546489

RE:RE:Buyback rules?

Once people realize oil is here to stay for a long time then the value of the assets should come into play again. That’s the problem. No value given to some companies anymore based on that, only looking at current prices, debt and breakeven points/cash generation. That’s for sure what is happening here. Sellers know that and are not selling but institutions trading back and forth to manipulate down.

Bullboard Posts

Eminent acquires promising Nevada gold project