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.

TSX:ATH - Post by User

Athabasca Oil Corp > ATH... 4.50 $$$$

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Comment by Binkieon Mar 25, 2022 1:02pm

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Post# 34546029

RE:RE:ATH... 4.50 $$$$

What do you mean by nothing much for outside investors on oil?

The sector is booming and lots of money coming back. Now there are hedge funds that won't use a 10' pole on "dirty energy", but there are plenty that will. And retail investors tend to follow the money so I think we see price appreciation based on tremendous financial results based on good operating principles and on sky rocketing commodity prices plus new money coming in, and buybacks/ dividends. Lots of catalysts to drive prices higher over the next year or two.

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