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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 Deutz9170on Jan 27, 2023 10:28am
244 Views
Post# 35250041

RE:Having Cake and Eating it Too.

RE:Having Cake and Eating it Too.Based on how small ATH is compared to other producers, in the oilsands. Then adding all the regulation and geo- politics involved.  I think taking a company like this private, would be considered to risky for most investors. To me it makes the most sense,  for a company that has the head office infrastructure in place already. To take a company like this over.  Time will tell what ATH board members recieved for their stocking suffers,  this past Christmas.
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