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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 cahclickon Jan 18, 2022 1:26pm
222 Views
Post# 34329334

RE:RE:RE:Good volume this morning.

RE:RE:RE:Good volume this morning.

As you know very well, there are far bigger fish in the pond and I'm sure ATH is the right-sized lunch  for someone.

Far faster growing through acquisition than drilling and it's a great time to steal an undervalued name like ATH (if pockets are already full) while the weak are still trying to get their head above water.

Like they say about disclosure. Better to keep them guessing than remove all doubt. 


glta




Maxmoe wrote: I doubt anyone wants another rant about hedges being irrelevant. It's a shame Ath doesn't habitually provide operating updates. Even when things are going so well. It's almost like they are afraid to let anyone know how undervalued they are for fear they will get taken out and lose their jobs. Is that a thing?  

cahclick wrote:

 

4 million shares in first two hours of trading.

The fact that price isn't moving up too fast means  the trade is pretty balanced. 

Greedy me hopes oil is green when ATH's Q4 report is released.

jmo
glta

p.s. Max, how bout them hedges ;)


 

MrICE wrote:

 

Prices and volume up. 

Short squeeze would be nice. Need a good push here now 


 




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