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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

Comment by dandu1924on Aug 03, 2022 5:58am
186 Views
Post# 34867407

RE:RE:ATH 100 year oil Reserves !!!!!

RE:RE:ATH 100 year oil Reserves !!!!!Yes, a takeover will be fine and burning some flippers, shorters, day traders of pennies stock. But with my experience in the takeover case, the price is usualy with this formula:  last 20 days average price + 50% prime, so actualy  +- $2.25 +  50%= $3.38.  And an another way to burn the flippers, shorters and day traders of pennies stock is  a rollback 5:1, this is the solution expected by my brooker and other brookers  and you will see ATH will be trade like a  real investment not like a penny stock.
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