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

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Post by MrICEon Nov 10, 2021 11:38am

333 Views

Post# 34110187

What buyers would benefit most

With our cash flow and the 2.5 billion tax credit who would benefit most ?
what companies are close in proximity and has tax issues ?

just saw the takeover that CNQ did on Storm resources for their gas reserves. they had a similar small market cap as we do taken out by a very big company.

Athabasca could easily be acquired by a more heavy oil player with a bonus of tax credit.

I'm sure management would rather not but for the right price they may have to

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