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.

TSX:ATH - Post by User

Athabasca Oil Corp > 2.4 billion in high value tax losses

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Post by MrICEon Nov 06, 2021 1:18pm

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Post# 34095923

2.4 billion in high value tax losses

No one is talking about what Eric said for the value of the tax losses we have. @ .20 on the dollar it's worth 500 million to the right buyer. or in Eric's words" Acquirer ".

give this high oil price time to percolate for hey few months and we might get taken out. The math would look very good to a big guy that is needing a cash cow that they can double down with some big tax savings.

staying long

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