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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 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

Athabasca Oil Corp
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Post by smartmonion Feb 23, 2023 4:13pm
226 Views
Post# 35301884

A MAJOR HOLD!

A MAJOR HOLD!The Nuttall Bounce coming......Eric owns about 10% of ATH, I am anticipating a great next few weeks as financials are due next week, profits should be good, debt paid off and a share buy back program should be starting soon! All this should initiate a re-rating of the share price. Being a guest on BNN tomorrow should also give us the extra boost!
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Dealroom for high-potential pre-IPO opportunities