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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 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

Athabasca Oil Corp
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Comment by matt2018on Jan 23, 2020 7:06am
93 Views
Post# 30587309

RE:Opec minus 1.7mbpd, Libya minus 1.2mbd, Saudi pledges -400k

RE:Opec minus 1.7mbpd, Libya minus 1.2mbd, Saudi pledges -400kmanagement has been more than clear on the NCIB strategy.
Have you looked at recent price of WCS ?
You really believe they are even thinking about it these days?
Their focus (as it should be) is on how the heck are you going to survive with these prices.

Does it really matter today, how many shares PGF had outstanding at the end?


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities