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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 MrICEon Jul 06, 2021 10:15am
367 Views
Post# 33498529

No real movement till financials

No real movement till financials

ATH reports July 28th. 

it is one of the first to report of all the junior oils. 
seems like oil could be $100 and stock price would still be no higher than $1.00 

it's going to have to prove it's worth with financials and re financing. No one is speculating in oil these days. 
hopefully management has take advantage of the opportunities and not gone too conservative. I realize we are hedged probably around 50% of production but even that portion is making money. Plus lot of our differential is hedged at $12 so that's a $2 plus. 
holding long regardless but would be nice to see some movement. 

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