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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
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Post by Moremoney4uon Jun 02, 2022 10:13am
184 Views
Post# 34726307

3.50 $$$ plus

3.50 $$$ plusYES, ATH, is on the move, 3.50 $$$ plus. The next two QRTS. will be enormous, volume has the BIG BOYS loading up. Hedging program coming to and end, they will be getting FULL POP for their oil. EPS. FCF, DEBT REDUCTION, ETC., WILL be significant. LOAD UP THE TRUCK. 
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Dealroom for high-potential pre-IPO opportunities