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 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.

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Athabasca Oil Corp > MEG Should GET A USD 500M BRIDGE Facility & TAKEOUT ATH ???

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Comment by Chris007on Feb 12, 2021 2:29pm

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Post# 32554574

RE:RE:RE:RE:RE:RE:RE:RE:RE:MEG Should GET A USD 500M BRIDGE Facility & TAKEOUT ATH ???

that's a ridiculous assertion, IF oil really heading higher still and more importantly can actually stay there for a period of several years, debt is also very much not problem for BTE and MEG.

there really is no benefit in remaining a fairly small 30k bbl/d producer. Especially if Institutional money wants to see size and scale

fellowship wrote:

lovehockey wrote: Then what am I collecting ATH stock for many many years? At one point you realize that size or lack of it is what will hurt ATH investors long term, MEG is actually a better choice.

It is your opinion I am not debating that, just think why you bought this and not MEG first.
MEG and BTE are good choice but their debt is crippling them. We are so close here to turn the page and you do not see this.