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 > Down trend

<< Previous

Bullboard Posts

Next >>

Comment by Deutz9170on Aug 21, 2022 1:32pm

199 Views

Post# 34910074

RE:Down trend

Why are you capitcualting over $ 70 a barrel oil? ATHs cost of production is over this number. You should exam the 100 year chart on the oil price. It's only been at or over a $ 100 barrel for ten of those years. People like yourself seem to think it's our inherent right as O&G investors to have $100 a barrel oil. Its simply not the case.

<< Previous

Bullboard Posts

Next >>

5 steps to mastering risk management in the stock market