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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Comment by ManitobaCanuckon Dec 23, 2022 11:03am
141 Views
Post# 35189460

RE:RE:RE:RE:RE:Hy guys

RE:RE:RE:RE:RE:Hy guys
jmaan wrote: LoL...wow right on Manitoba nice work! With a very  upside down oil market seem like it's not really running on old school fundamentals ! So changed my stradigie from holding to flipping for now until I see this market getting back to fundamentals like it was! Holding my main core suncor, arx, but sold my Athabasca oil and baytex did great very happy returns $nbsp; back in ATHABASCA oil @ $2.15  around 410,000 shares and will probably sell it today will see, and buy back on the slide down! But eventually will hold for long term soon as I see oil markets not getting so manipulated...this way I'm killing it on every Pennie it's up! So Manitoba how's Life been seems your killing it...good to hear your doing well! Manitoba you have a very merry Christmas and looking forward to your posts..

Hey Jmaan friend ,great to hear from you man. Glad that u made a killing in Oilgas and didnt sell out too soon .
I was 100% Oilgas ,sold 75% near peaks and bought back some again to have a 50%Oilgas portfolio .
I am buying cheap REITs , old age homes and European stocks which are suddenly cheap due to falling Euro.   Aiming to have passive income of 15k a month from REITS which means I need a 3 million REIT portfolio .Life is good and achieved FIRE .
Merry Xmas to you as well and look forward to your post. Ignore the guys here who are gaslighting you.
Lol , enjoy your money and leave them to do their daily quota of bashing posts .
Remember ,Bulls make money,Bears make money only bagholders get slaughtered . 
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