Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 mrmomoon Dec 20, 2023 8:29am
241 Views
Post# 35793384

Interesting developement.....and

Interesting developement.....andhttps://finance.yahoo.com/news/athabasca-oil-announces-creation-duvernay-220400201.html

unexpected. Trying to absorb the details of the deal and TRYING to understand the reasoning or logic of WHY Athabasca is doing this......rather than selling out. Is selling out still in the books for ATH? Who knows, but this rather complicates that prospect imo and could lead to some other destination. Will look closer at this "transaction" between Cenovus & Athabasca and will give you my opinion of it in the coming days......and whether this is a good thing or not for ATH s/h ........of which as all of you are aware by now ....am i NOT.........So this will be a totally unbiased assessment.........for those of you interested

GLTA




<< Previous
Bullboard Posts
Next >>