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.

TSX:ATH - Post by User

Athabasca Oil Corp > Since the bank downgrades and EN selling

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Comment by cahclickon Apr 19, 2024 11:43am

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Post# 35998130

RE:Since the bank downgrades and EN selling

CJInvestor wrote: Seems like we have lost all momentum as a pure heavy oil play. Not time to hit the panic button yet but why isn't management coming out with any news or reassurance that things are ok this quarter so far and we are on track for all metrics.

ATH didn't do any handholding at 10 cents so I'd be surprised to hear from them today.

glta

go ATH go

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