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 > 4 60 in two weeks ---- 5.50 in 8 weeks

<< Previous

Bullboard Posts

Next >>

Comment by JrOGInvestoron Sep 15, 2023 1:51pm

216 Views

Post# 35638699

RE:RE:RE:4 60 in two weeks ---- 5.50 in 8 weeks

Agree to disagree about dividends- at some point it'll be the last thing left or take the company private. I figure four to five years. Will the humans use less oil after the 'projected' peak demand of 2030? For cars, yes, for everything else? Not likely as significantly. Oil will be used for the rest of my life and as long as there is a cartel to control the price - 70 dollar oil for the next 25 years will suit me just fine. That being said, Im not turning my nose up at 80-100 dollar oil either. Going long on Canadian Oil. Have a great weekend!

<< Previous

Bullboard Posts

Next >>

Invest wiser with BMO's InvestorLine Platform features