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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

Post by MLEWICKIMBAon Dec 07, 2023 1:37pm
307 Views
Post# 35773449

When oil recovery starts and TMX Pipeline startss

When oil recovery starts and TMX Pipeline startssAth will rock.

H2 2024 

WE WILL SOON START YEAR 2 post covid 2024 and interest rates cut in H2 2024.  PEOPLE WANT MOBILITY.

At 80 WTI and 15 dollar differential and 1.35 CAD athabasca is a bank machine.

And higher production with lower costs.  No more warrants.  When Ath gets to 500M shares THEN 7 bucks POSSIBLE.

THAT COULD BE IN A YEAR.  
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