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 > Go forward plan suggestion

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Comment by Maxmoeon Sep 19, 2023 10:26am

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Post# 35643235

RE:RE:RE:RE:RE:RE:Go forward plan suggestion

Don't forget he's also a BULL on nat gas. His oil call was relative to nat gas, and may not be that far off. I could see oil get stuck around 100 for a few months while nat gas could easily double with a cold snap this fall. My solution is to own both. Gas has commodity price upside potential, but oil stocks are nowhere near discounting $92 oil. More like $70. So Ath can easily run to $5 just catching up to reflect recent oil price. Or he could be a LOON. With big clanging cajones.

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