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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 cahclickon Feb 13, 2023 4:01pm
141 Views
Post# 35283772

RE:RE:Pattern ?

RE:RE:Pattern ?

 

Well we are about to see all the Canadian oilies report lotto type 2022 earnings and even with many doing NCIB's in 2023, they can only do 10% and that isn't going to burn all their cash so ATH is in an incredibly nice snack bracket. Well within reach of many AND who wouldn't want the 100 YEAR RESERVES );

I believe we are in a very, very sweet spot.
I don't know who it will be but we are sitting pretty !

jmo

glta

 

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