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 > Acquisition

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Comment by Chris007on Mar 23, 2021 9:45pm

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Post# 32863957

RE:Acquisition

Pretty sure this was already discussed couple months back. If I recall correctly, I think the two most likely candidates that people on this message board came up with were MEG or CVE. Both in the oil sands, both big in thermal.

That being said, CVE just closed that huge husky merger not too long ago, so logically one would assume that it will take a while for them to get their house in order before going hunting for targets again.