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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 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

Athabasca Oil Corp > Re Baytex
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Comment by Moremoney4uon Mar 04, 2022 2:50pm
256 Views
Post# 34484505

RE:Re Baytex

RE:Re BaytexYES, HUGE TAX CREDITS, 750 million worth, all these oil companies are making a ton of money, they are looking for some way not to pay their share.  ATH. ATH, here it is. THE STOCK is very cheap right now, will earn a WHACK OF MONEY , next quarter and beyond. HEDGES ARE WILL 
OVER IN 10 months, also current production of some of the wells are not hedged, BIG MARGINS, 
ERIC  LOVES IT, feels its worth  4.50 AND THEN SOME. VOLUME IS BIG, every one is loading up. OIL TO REMAIN IN THE 105.00 RANGE. LOAD UP THE TRUCK. Its looking very  good. 
Its a take over candidate, at 60% premium EASILY. HAPPY CAPITALISM. 

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