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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 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

Comment by Kika2016on Mar 04, 2021 4:17pm
206 Views
Post# 32718038

RE:RE:RE:RE:RE:RE:RE:Ninepoint Energy

RE:RE:RE:RE:RE:RE:RE:Ninepoint EnergyHey Max. I have nothing against you. I work in oil and gas in Alberta in those camp sites. I bought ATH at >$1 when I was working at their site. You know how much time you have to track these when you at site. Working 6-1 shifts in pipeline doesn't give you time to get online daily especially after 12 hr shifts. Since Jan this year I am working from home and thats why the gap of 4 years. I almost assumed that the company is bankrupt and thought will never recover my investment. The current WTI run-up gives a lot of hope. Don't know what you mean by a big dump.

Peace!

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