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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

Post by Maxmoeon Apr 07, 2022 11:13am
230 Views
Post# 34584259

Equinor? Those clowns at it again?

Equinor? Those clowns at it again?

Yes, Eric bought ATH at 18 cents. He bought from equinor that sold its block for pennies for political expediency. Now they are seeking approval for huge newfie offshore (500km offshore) oilfield? How long until they bail on this project? Can't wait to scoop it up when they dump. Cenovus probably has a rofr on the partnership interest. Hope so. 

https://www.reuters.com/business/energy/canada-approve-bay-du-nord-oil-project-wednesday-ctv-2022-04-06/

 

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