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.

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Athabasca Oil Corp > Price is jammed again, very far from the target

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Comment by cahclickon Jul 15, 2022 9:55am

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Post# 34826739

RE:Price is jammed again, very far from the target

Patience grasshopper. All the big guys are busy paying down their debt too. The big guys don't trust our government to keep their nose out of their business so big oily's are reluctant to enter into any M&A until they can pay cash.

jmo

glta

sylvain_007 wrote: How to understand the actual situation???, It is on the TSX indice, The oil reserves are gorgious, The debt will be paid soon and the dividend is coming, so, may be a big oil company will make an offer on this Company, what's wrong?

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