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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Athabasca Oil Corp > ATH - Will it be $2.0 ever again!
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Post by Kika2016on Jan 28, 2021 11:50am
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Post# 32409827

ATH - Will it be $2.0 ever again!

ATH - Will it be $2.0 ever again!I have been a longterm ATH HODLer. Had lot of expectation with this company during the 2013 boom. The assets are priceless. Oil demand and supply has caused all the problems. What is realistic valuation say in next 2 years? Will it be bankrupt? Or will it rise from the ashes?
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