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 > Overvalued, undervalued, just right?

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Comment by masfortunaon Sep 23, 2021 5:38pm

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Post# 33911810

RE:RE:RE:RE:Overvalued, undervalued, just right?

I own both. Ath got ahead of itself mainly due to the fact the everybody expected the financing to be in place by the summer. When that didn't materialize, those that had rotated into ATH to benefit from the expected "pop", rotated out causing the sp the drop when others were increasing. That led to more shareholders exiting ath to benefit from other oil plays . Nothing wrong with ath. It was oversold by August and now is trading where it should. If the financing does take place, the sp will pop and all will be good in the world of "oil and gas".

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