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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 bosstradeon Oct 04, 2021 8:25pm
361 Views
Post# 33965162

RE:RE:Long Term Target

RE:RE:Long Term Target We are on the verge of $80 WTI. On the verge of an energy crisis. A year away from transmountain where we can get wcs to other markets during a crisis.
Oil Investors are in the now moment still. Show me and I will buy. Dividends, strong balance sheets, and future growth. All solid fundamentals. Unlesssssss we go into an energy crisis, like now!!!i these companies profits could easily be out of control at $100+ per barrel this winter and all the valuations go out the window. Nobody is getting it. There isn't enough oil being produced. By the time we need more there isn't enough production from Opec or anywhere else. Winter is in two months. 60 days until we hit a bigger crisis.
Finish the financing and let's move to the next chapter.
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