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 > Ok ,need advise guy

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Comment by ManitobaCanuckon Feb 24, 2021 2:54pm

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Post# 32649208

RE:RE:Ok ,need advise guy

Andyfelter wrote: Definitely hold or buy more. Once they announce debt restructuring the stock will pop upwards. Also good chance we are heading into an oil super cycle.

Ok thats a VERY good suggestion to hold till debt gets rolled over , trying to hold myself from selling . Remember the days when this was in the docks at 3-14 cents for months with lurking bankruptcy and Fellowship/MAxmoe / lovehockey pushed us all to buy and keep up the spirits . Lol , looking back I maxed out my LoC to buy this at 14 cents and was hit scared for a month after whe it was still at 16-18cents .

One thing is for certain ,they are not going bankrupt

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