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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 5oceanson Dec 22, 2023 10:52am
159 Views
Post# 35797676

RE:RE:Cenovus buys Athabasca for ~$3B..........?

RE:RE:Cenovus buys Athabasca for ~$3B..........?"... Well " I mean, not a bunch of them into a field some place, but the saying - well well well - meaning would it have been possible? As we all know... humans can come up with many possibilities for resolving issues. Who knows what happened here? One thing we know ath didn't receive a formal offer. Did the "top minds" talk about the many ways to get things done and with their best interests safe guarded? SURE, full stop.  It WAS and it WILL BE this way for as long as men and women get together to discuss ideas. Filters down from there, in this case, to us. Just me. All the best.              

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