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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

Post by justmymoneyon Sep 26, 2022 4:18pm
218 Views
Post# 34987632

Investors were giving shares away today

Investors were giving shares away todayToday's close is ridiculously low considering ATH is a solid company but now I'm wondering with the share price so low this has become a takeover prospect. Someone with the money could buy this cheap turn-key operation. Oil has been down too long lately so we are overdue for a day in the GREEN because RED SUCKS!! and my money is locked in at $2.40 so I really don't need to explain how I feel do I? It would be great to have a few days back-to-back higher Oil. And BTW my wife is getting suspicious because I'm a bit down. I'll just tell her that I'm depressed because she eats all the food and the fridge is always empty.
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