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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 Feb 13, 2020 11:50am
119 Views
Post# 30686258

RE:RE:RE:RE:Just watched the Eric Nuttall

RE:RE:RE:RE:Just watched the Eric Nuttall He also said that at these levels it's a screaming buy at around $58 - 60 depending on $15-17 WCS discount and since he believes that $60 oil and beyond is coming back, it's a backup the truck scenario at these levels. He has to be very bullish on the stock since he's a frim believe of higher oil prices.

 Obviously he can't say we will be at $60 oil again and beyond so buy this stock right now but he pretty much makes it clear in his wording.

 He also admitted last time he tried to buy a huge amount of this stock but there were no sellers to fill his order even though he also said his fund cannot buy small caps. He does own it personally as well.

Bullboard Posts