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 > NAV from BMO - check out ATH

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Comment by Nothingmatterson Jan 31, 2022 2:48pm

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Post# 34380183

RE:RE:RE:RE:RE:NAV from BMO - check out ATH

Thanks Manitoba..

ManitobaCanuck wrote: Hi my friend, a lot of money has been lost due to impatience. It takes time for a train to build up speed and once it does the momemtum often gets you past your target .
Similary , the management made some thoughtful decisions with Burgess Royalty to save this from imminent bankruptcy . They steered this company through a long 6 year fall.
It takes time to build up momentum/revive animal spirits . They are doing it right, pushing down debt , slowly rebuilding production ( might get a 5000bb/d extra out of Leismer extra) . Shareholder returns will start in 2023 but by then this will be 2.5-5$ a stock if NOT taken over by someone.

Nothingmatters wrote: Manitoba and fellowship, you peopke are good investors... why dont see the insane management of this company... managemeng has to go.. self serving tools

ManitobaCanuck wrote: No my friend , It gave him and us 10X returns from 14 cents to 1.5$.
If this was a shitty company , Why would John Festival( insider director) buy at 1.18$ .
This will be sold soon/taken over at 2.5-5$ a share . They have one of the longest life inventories .
Seeing that I bought back in today

Tomsson wrote: Insanity? BMO PRICE TARGET $1.25 RBC PRICE TAREGT $1.25 NUTTALL OUT OVER $1.25 THATS ALL I NEED TO SEE. THE REST IS SPECULATION, WHICH ALMOST COSTED NUTTALL HIS JOB.