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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 goldman777on Feb 09, 2021 1:19pm
140 Views
Post# 32514388

RE:RE:NO DIRECT MENTION

RE:RE:NO DIRECT MENTIONA little patience folks

Needs to consolidate a bit from it`s recent double, then with a little help from the price of oil we will move to the next rung on the ladder.

Reading between the lines here - I see steady accumulation, Mr. Nuttal, if he was selling likely would have had ATH as a top pick to capture a better return.

My bet is they are cstillm accumulating and trying not to shine too much of a spot light on it - he did throw us a bone thouigh with his cash flow beast @ $60 oil comment.

Sit back and relax, 
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