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.

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Athabasca Oil Corp

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Comment by kingshaneon Mar 04, 2020 5:09pm

90 Views

Post# 30767371

RE:RE:Earnings are out

Now Husky just get it over with and take this out. Might aswell give it a go for a buck in this environment.

The Company estimates its 2019 Net Asset Value of $1.58/share Proved Developed Producing, $4.92/share Proved and $8.90/share Proved Plus Probable (McDaniel 2019 NPV10 before tax less year-end net debt of $308 million).

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