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

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Post by bosstradeon Feb 11, 2020 10:56pm

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Post# 30677926

Tech's new development worth $20.6 billion

Tech's estimated $20.6 billion to construct, to produce 260,000 barrels of oil per day.
That means using same figures for ATH. It would be over $3. billion for 40,000 bpd or $6 per share.
At $0.40 cents a share value for 40,000 bpd, Tech could build this 260,000 barrel a day production for a few billion.
The valuation of ATH is going to raise considerably. Anybody that doesn't invest in these companies is missing the opportunity of a lifetime.

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