Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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.

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Athabasca Oil Corp > Waiting it seems until March 1, 2023

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Comment by cahclickon Feb 15, 2023 9:31am

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Post# 35287054

RE:Waiting it seems until March 1, 2023

I agree with everything you say except the $3.50.
I think you are light.

As you have often pointed out, the 100 year reserves are phenomenal.

I believe we will start to see the market give some meaningful value to those reserves as debt is eliminated and oilies get revalued for the $ they're making today.

jmo

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