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 AlbertaLeeon Jun 08, 2020 4:24pm

337 Views

Post# 31125975

RE:If you believe in $100 oil

It won't be easy to hit $100 considering the global demand for oil. But $50 - $60 range is reasonable within 2 years, and ATH should be somewhere around $2, IMO

MEG had its time, from $1.20 to $4.00, BTE had its time too, from $0.27 to $0.94. From this rally, ATH should hit somewhere around $0.40 to keep the sector performance (smaller cap oil company)

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