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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

Comment by Maxmoeon Jan 20, 2021 3:50pm
143 Views
Post# 32336166

RE:Man you guys are all clueless.....!

RE:Man you guys are all clueless.....!I love it when someone calls everyone other than themselves of course, clueless. Hey momo nono, didn't you self confess sell all your oil stocks last year? That's not the track record that would warrant calling everyone else clueless.  
mrmomo wrote: I think only the Famous spammng professional Eigen "Always Big Caps" 337 might have slightly mentioned the real reason behind the Athabasca drama recently. This has NOTHING to do with any possible meger or TakeOver or TakeUnder or any taking of any kind. There's really no mystery in all of this except for those that arent to perceptive in general and/or don't follow the industry too closely!

This has EVERYTHING to with those little nutballs Scandinavians, the Danes, Swedes and specifically NORWEIGIANS here going completely "off the cliff" GREEN. A few years ago the that the Norweigian Gov't started to set the country & peoples on a path of extreme "environementally conscious" agenda. That was soon followed by the investment/Business community and that humungously HUGE Norweigian Wealth fund disavowing & disowning ANY investment in Fossil fuels and proceeded to abandon all assets in naughty polluters like Kanada (lol i'm serious here folks!). The Equinor saga is JUST a continuation of this drama. It's happening NOW becuase they are business people in the end and they didnt't want to take too much of a loss on this investment. Green vs Green ....lol.....who win? So forget about who the seller is and why, this is pretty much a given and known.....the more important question is WHO took Equinor's huge stake?

Find that out and get more insights on where Athabasca COULD possibly head towards next!

Good luck & God speed


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