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 Maxmoeon Jan 13, 2025 10:58am

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Post# 36401249

RE:RE:RE:Sell to cash before Trump

Omg, I'm psychic? I just saw Lyle stein on BNN say almost the same thing I just posted. I may not share his strong preference for nat gas. I like both. Gas story sounds nicer, but then again, Lyle aka "the smile" is a nicer guy than I. He knows all about the gas utility demands in Virginia though. That's where he's from. Very smart, nice guy. Too nice for America. Moved here 30+ years ago.

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