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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

Bullboard Posts
Comment by filefishon Nov 07, 2019 4:58pm
75 Views
Post# 30324082

RE:RE:NCIB - next January?

RE:RE:NCIB - next January?Kingshane , at this point I would not put anything they do out of the question. Has anyone heard back from the Company  a reasonable explanation  why they are not tackling the debt and instead are content to earn  1% interest and pay interest on 250mil when there is no near term issue funding their Operations . All the while frustrating the hell out of shareholders and letting there stock fall to mear pennies. Waiting until January for a vote to NCIB seems like throwing a bare bone to the dogs. Well this is my thinking from the outside looking in .... but maybe there are other things going on behind the scenes we just dont know about. 
Bullboard Posts