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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Post by Moremoney4uon Nov 20, 2021 8:28am
537 Views
Post# 34149051

Oil oil time to load up

Oil oil time to load upThe big boys are loading up , great bargains on ALL the oil Companies. ATH. Nothing has changed. Going to make a TON of cash, looking at 2.00 by January. Eric topped up , I am sure many more Fund Mgrs. did the same.  Big volumes on all the oils, Cvx, AVE, ARC, MEG, Etc
Some countries are unlocking their Strategic 
Reserves. It has to be replaced. OPEC+ not 
producing any more oil, maintaining high price, 
cold winter coming, lots of factors influencing 
the price of OIL to remain in the 78.00. To 82.00 . 
So, were do we get the BIGGEST BANG for our OIL dollar, kind of like ERIC’S words. Ath, TVE, ARC, it’s seems to me that ATH gets my vote, Eric topped up , I will follow him . Let’s see it at 2.00 
Happy   Capitalism. 
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