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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

Post by ManitobaCanuckon Mar 06, 2021 12:08pm
306 Views
Post# 32736245

Desjardins report 0.4 target

Desjardins report 0.4 target Read the Desjardins reports ,still maintain hold .
  Apparently they increased capex by 25mil at one place to produce oil in 2022 .
Very interesting read as to how they feel about  refinancing  being a tall order but doable if they buy bonds on the cheap  using unrestricted cash or negotaite a deal to use the restricted cash .



 
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