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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 sylvain_007on Oct 26, 2022 2:17pm
214 Views
Post# 35050762

Next earnings will be better than the last one for sure

Next earnings will be better than the last one for sureQ2 was positive but the next will be better. They could use the money to buy back shares, give a dividend or pay off a large part of their debt or all three. Many experts believe in a takeover bid, nothing below $5 or $6 when oil is expected to stay in the $70 to $90 range, a price high enough for ATH to make money.
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