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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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Comment by Tartar3on Jan 28, 2021 11:59am
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Post# 32409928

RE:ATH - Will it be $2.0 ever again!

RE:ATH - Will it be $2.0 ever again!If we have another oil supercycle like some are predicting if may go higher than that, the green revolution is helping out big time, the oil based world economy is not going away anytime soon, and if the majors and banks keep pulling back on E&P like they are, most oil stocks will have a moon shoot in price within the next 5 years, look into that, and ATH, if it survives will take off to, have much may surprise you and me both I think
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