Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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.

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Athabasca Oil Corp > Cenovus buys Athabasca for ~$3B..........?

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Comment by Jimmy1pageon Dec 22, 2023 11:01am

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Post# 35797697

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

Lol. It's a good deal fir both. Cenovus us also a wwll run company but still has lots of debt. This provides additional revenue. If you're ATH and have nothing utilized money buddying up to Canada's third largest oil company is a good idea and adds some protection.

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