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 > 4.50 $$$. Plus

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Post by Moremoney4uon Mar 26, 2022 8:04am

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Post# 34547843

4.50 $$$. Plus

So, 2022, more oil to be produced, 5500 boe. 91% liquids, at 100.00 oil price. Their EBITDa is based on 85.00 oil price , with 45 million plus minus for every 5.00 movement. This is HUGE. The next 9 months are going to reflect this MAJOR increase. Takeover candidate, 75% premium plus capital appreciation over the next few months , ya it’s 5.00 $$$$ Plus. Ya
perfect storm. ??????. Either way ATH has a lot going for it
4.50 - - - 5.00$$$. Next 9 months. Load up the Truck

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