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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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

Comment by MLEWICKIMBAon Oct 11, 2023 10:00pm
153 Views
Post# 35679858

RE:RE:ENs latest tweet shows Ath top 30 for buying back shares!

RE:RE:ENs latest tweet shows Ath top 30 for buying back shares!The warrants will fall off the capital structure soon.  

I think what is more important is the market looking at ATH differently.

1. Harringstone -- money maker with no capex or minimal upkeep.

2. Leismer the STATOIL asset being expanded to 24k then 28k plus by July 2024.  MONEY MAKER.

3. Murphy JV expansion in 2024.  

4. Corner sale or JV -- CEO said nobody has an asset like that unless you are a MAJOR.

Real value of ATH is 4.60 right now amid the noise.

ATH BECOMING FIRM THAT GETS THINGS DONE!
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