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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 smartmonion Jul 23, 2024 4:54pm
143 Views
Post# 36145099

RE:Positive end to a miserable oil day

RE:Positive end to a miserable oil day The BEST canadian oil play on the tsx! Expecting great news tomorow and hopefully close to $6..... lets see if we rip higher or it's a temporary sell on news event. Regardless.....the WTI price has diverged from the oil company stock prices as the companies are making money like there is no tomorrow.... even if WTI trades in a range between $60 - $70....we see massive FCF , Share Buybacks and big gains for stock investors. The multi year oil bull run is in full force people!!! BUY the DIPS and HOLD !
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