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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 Hatrickon Feb 01, 2022 11:00am
292 Views
Post# 34385253

RE:RE:RE:RE:Nuttall out is a good thing

RE:RE:RE:RE:Nuttall out is a good thingCouldn't agree more with both of you (Maxmoe & masfortuna). Good comments. He sold Nuvista at $2+ last spring. Then it ripped and he was back in at $4 - $5 late summer, early fall. ATH is NO different. At $80+ WTI this is easily a $2 stock at some point in 2022. 

One other point is his Fund is now approaching $1B and he likes a concentrated 12-15 name portfolio, by definiton he must go up in market cap.  
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