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.

TSX:ATH - Post by User

Athabasca Oil Corp > Athabasca Oil Corp Prime Takeover Candidate Right Now

<< Previous

Bullboard Posts

Next >>

Post by MLEWICKIMBAon Jul 14, 2023 4:35pm

399 Views

Post# 35541960

Athabasca Oil Corp Prime Takeover Candidate Right Now

We know all the reasons why Ath is attractive to a larger firm.

1. Lean, mean and clean
2. Reserves
3 Tax advantages
4. Cash on hand level maintained
5. Output increasing
6. Buybacks
7. Debt lowest in history

The #8 on that list is the Entropy Carbon Capture partnership. When it progresses a larger firm will go after ATH.

Looks good on the ESG report and there is substance to it.

ExxonMobil buying Denberry case and point.

Have a great weekend -- it was a good week.

<< Previous

Bullboard Posts

Next >>

5 steps to mastering risk management in the stock market