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 > "reduce future financial commitments" Is A HOLLOW Argument

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Comment by EstevanOutsideron Aug 18, 2021 9:13am

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Post# 33722552

RE:"reduce future financial commitments" Is A HOLLOW Argument

Maybe their way of saying Hangingstone Prod is economic!

Eigen337 wrote:
Reducing FUTURE PIPELINE TOLL LIABILITIES has NO LOGICAL MERIT since you are RECEIVING crude oil REVENUES that MORE THAN OFFSET these expenses as you EXPORT WCS barrels on the TMX and Keystone pipelines !!!

Does the MANAGEMENT of Athabasca Oil take the SHAREHOLDERS of ATH for a BUNCH OF FOOLS ?????

This is my opinion only.

Eigen337