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 > Quick Question for those that follow ATH and GXE

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Comment by JrOGInvestoron Jan 12, 2022 12:23pm

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Post# 34308612

RE:RE:Quick Question for those that follow ATH and GXE

Thanks for the advice! I did have a look at outstanding shares/market cap but my 'quick and dirty' math still didn't quite get to the 5X difference, frankly i hate drilling (pun intended) down to far into financials. Also I have both cats and dogs. Not a tip just trying to figure out the obscure valuation at 80 dollar oil.

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