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Bullboard - Stock Discussion Forum
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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TSX:ATH - Post Discussion
Athabasca Oil Corp
> Re The Future Is Bright
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•••
WONDER1STOCK
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Post by
WONDER1STOCK
on Mar 03, 2022 8:49am
Re The Future Is Bright
Simply said, CASH MACHINE !!!
(342)
•••
cahclick
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Comment by
cahclick
on Mar 03, 2022 9:28am
I also like that they are bringing on more production so output will be higher going forward . . . Following is from the report; "Thermal Oil, including five new well pairs at Leismer that are now in operation and will rampup to an expected 5,400 bbl/d in 2022." 5400 bbl/d is $197 million per year at $100 oil Not a bad kicker I'd say ! For those talking buyout, I
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(1037)
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Maxmoe
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Comment by
Maxmoe
on Mar 03, 2022 11:20am
Just watch how fast the banks can flip. All it takes is a few cleany greeny guys to say cdn oil is 'good' because it replaces Russian oil and they will be piling over each other to lend to the oil patch. Again. But, the BOD and the CFO of every producer will not welcome bankers back. If I were cfo of Ath or cnq,or meg, bth,cve and pretty much ALL the rest of them, I'd be delighted to
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(1533)
•••
CLOUDER
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Comment by
CLOUDER
on Mar 03, 2022 11:29am
don`t need banks now. they are printing their own money.
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