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

<< Previous

Bullboard Posts

Next >>

Post by MLEWICKIMBAon Oct 11, 2023 1:41am

330 Views

Post# 35678087

Over $1M CAD everyday in cash flow

Even at this level of WCS -- ATH is seeing $1M CAD ++ in cash flow everyday.

We may see another week of weak gasoline demand in the USA but it will get exported most likely.

When the WCS Differential improves -- CAD Oil Stocks particularly HEAVY Oil Stocks are going up.

22 Days and we are going to see the best balance sheet ever for ATH.

All roads point to 4.60 in the very near term.

<< Previous

Bullboard Posts

Next >>

High-growth stock Happy Belly opens first Rosie's Burgers in Alberta