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 > Stable Oil Prices Brings Revaluation in Q3.

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Comment by OGInvest0ron Aug 12, 2023 8:13am

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Post# 35585119

RE:Stable Oil Prices Brings Revaluation in Q3.

That is a very fair and exciting analysis. Playing Devils Advocate if Ath is this poised to be a takeover target with 570 estimated target, why is the sp still so low? If a takeover is the worst kept secret on Bay Street then wouldn't investors be pouring in and we would be at 4.50 now which is the true value of the stock at todays oil prices?

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