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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 Moremoney4uon Jun 11, 2021 8:44am
263 Views
Post# 33370981

ACcumulate. Now

ACcumulate. NowLots of volume . Price went down to .77 would have been a great time to accumulate. Still in the .80 cent range. Not for long . Their Debt of 450 million will be reduced by all the Free Cash flow they are getting . New terms arranged. Within one year they will pay off their loan . Watch out . Stock is Booming . Eric Nutall, is right lots more to come . Stock will break through this .81 barrier here comes a 1.10 keep buying . JP Morgan in their oil forecast feel that we Might even see 90.00 a barrel next year.  Wowow. ATH 2.50 . All things are slowly falling into place . Cheap stock . The uncertainty is there but it is going to be resolved 
watch out for a quick spike upward and let’s get the party going . 
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