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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 baggerx99on Dec 29, 2022 9:38am
162 Views
Post# 35194995

RE:Crazy Financial Traders -- Trade down or up on any news.

RE:Crazy Financial Traders -- Trade down or up on any news. Can see ATH being bought out 2023-Q1......cleaning up balance sheet, reserves to last many many years, and a tax haven of $2.5B, be certain there is eyes on ATH......buyout of $3B...$5/sh is a steal for the buyer and nice upside for the shareholder.....
MLEWICKIMBA wrote: Oil report this morning.  Let's hope its a big draw.

Remove the SPR Release last week and it was an API Draw of 5MLN Barrels....




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