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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

Comment by cahclickon Apr 01, 2021 7:57am
184 Views
Post# 32921101

RE:RE:RE:I also do believe that something’s cooking

RE:RE:RE:I also do believe that something’s cooking

 

Maybe the investment world is just waking up to the great value ATH offers.
I would sure like to see ATH grow another 50% before any NR related to refinancing OR any potential takeover/merger offer.
Would be helpful if oil could settle at $65 for a couple months but winning the lotto is probably more likely.
In the mean time, I for one am not going to be nervous to see this pony run a bit.

glta






Maxmoe wrote: As long as we are speculating, I'll bet my Bitcoin it isn't the refi that's imminent. Though that would be fantastic. My Bitcoin is on a takeover/merger AND the partner has been scooping up all those debentures at a huge discount for the last year. Unlike stock, you don't need to disclose if you own 20% or 51% of a debenture issue. It's frickin brilliant. I would have done that a year ago but nobody would lend me $100 million. Could have bought half the debt at 20 cents and the stock for even less. 

 

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