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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 rexrexon Jan 23, 2021 2:06pm
184 Views
Post# 32368486

RE:RE:RE:Eric's Twitter Feed

RE:RE:RE:Eric's Twitter FeedWTI $60 oil is a given now and WCS $10 differential is within reach at $60 WTI. I still think Eric's assumption in his Twitter feed does not factor in the debt rollover at lower rates. The Debt rollover will be the major catalyst for ATH. Once debt rollover happens and WTI hits $60, I am full confident that ATH will trade at $1.50. We are looking at a decades long structural Supply Deficit in Oil. We are slowly seeing the sun shine creeping in on oil stock, a New Dawn is just appearing. We will see more clarity by Summer. My only regret is that I don't have any more dry powder to load up on ATH, this is an opportunity of a life time. Although I admit it is not for the weak at heart. If Eric can buy 50 million share, it is good enough for me.. Imo...
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