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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 Paray99on Dec 21, 2022 9:38pm
115 Views
Post# 35186201

RE:Q4 will hurt!

RE:Q4 will hurt!

Some idiots just keep eating our head. We can't help!


smallcaptdr wrote: First thing first is Oil Sands, higher cost of production with lower Oil won't leave much left now take away what money they have been burning through and Q4 is looking pathetic compared to prior quarters, and right now Keystone won't open without the US Regulators approving it and I'm sure that its a lot more involved than walking up and looking at it so I can't see them moving very fast. The last time Oil was $78 in Jan ATH traded for $1.35 so unless they have magic Oil their revenues back then match today's revenues that is if ATH is selling Oil. They have partial flow from Keystone but it's so reduced that ATH isn't making much if any and this rally will sweep you up and spit you out just like the last time these clowns came here running it up and left the fools behind.

 

 

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