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 > 5$ Yawn ,are we there yet

<< Previous

Bullboard Posts

Next >>

Comment by cahclickon Jul 03, 2022 11:58am

298 Views

Post# 34798025

RE:RE:RE:RE:5$ Yawn ,are we there yet

We'll probably start to see M&A activity pick up in H2 as the Oily names start to clear the deck of their debt.

With oil prices over a hundred bucks it sure makes ATH a target with the reserves they have.

Oily names have just been treading water in H1 2022 while they're clearing debt. It's about to become even more exciting in H2.

glta

<< Previous

Bullboard Posts

Next >>

Cannara reports record growth and profitability in Q4 2023