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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 cahclickon Sep 07, 2022 12:13pm
140 Views
Post# 34946906

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

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

I agree but still no joy in watching the last couple red days.
I just checked iiroc report for end of August and shorts are still with us to the tune of 36978048 shares.

They too will disappear as ATH dumps their debt but shorts and traders are having a heyday with the wti whipsawing going.

 



WONDER1STOCK wrote: Oil will oil will do what oil will do and for me oil will head higher especially ATH with huge tax write offs and reserves. As we see ATH pay off its debt and offer a dividen we will see some of the big boys getting onboard. Remember as the debt gets paid off ATh adds more bags of cash to its bottom line. Remember we are share holders in ATH  not oil. glta 

 

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