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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.

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Athabasca Oil Corp > Sell to cash before Trump

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Comment by woodsmenon Jan 13, 2025 10:26am

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Post# 36401148

RE:RE:Sell to cash before Trump

I like January to June for Oily Stocks every year no matter what Wingnut is in Charge, If your worried about Oil headed back to the 60's where it just was well it dont bother me we were just there, but what if Trump sends Oil North of 80 or 90 or 100 and your sitting in "CASH" on the sidelines. I know what i am going to do!!! Enjoy The Ride!!!

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