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Bullboard - Stock Discussion Forum 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 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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Cenovus will no doubt aquire ATH in 2024
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Post by DukesMtl on Dec 20, 2023 10:04am

Cenovus will no doubt aquire ATH in 2024

With this new partnership having formed, the writing is on the wall in my opinion for all the benefits that aquiring ATH would offer CVE.

No doubt, the management of ATH is just waiting for the right offer.
Comment by BigJake on Dec 20, 2023 10:31am
Or it could be a secure supply of condensate for both companies thermal assets. Doesn't hurt that it's going a private company