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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 cahclickon Oct 25, 2023 11:33am
144 Views
Post# 35700185

RE:Ath is on the other side of the trade

RE:Ath is on the other side of the trade

MLEWICKIMBA wrote: With 51m cad remaining on their target 

Remember Q3 2022

Huge production at 37 2k bpd

Q3 2023 could see the same and record cash flow and earnings

Sell if you want or like or have to

 

Sentiment certainly running against Oilco's currently despite record cash flows. Definitely nice to have ATH buying shares as it mutes the down swings in s.p. as oil gyrates lower the last few days.


go ath go

 

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