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 > My point about a takeover was about securing supply

<< Previous

Bullboard Posts

Next >>

Post by MLEWICKIMBAon Jul 16, 2023 6:32am

389 Views

Post# 35543030

My point about a takeover was about securing supply

If heavy oil becomes harder to get like it could with Mexico and TMX pipeline shipments away from the US Gulf then a US refining group could snatch up someone like ATH.

Remember Ath could produce 80k bpd with investment. They have those permits.

Let's get to 4 bucks soon and then 5.

<< Previous

Bullboard Posts

Next >>

The top TSX healthcare stocks under $1