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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

Comment by Nicholasgriton Aug 24, 2021 4:04pm
179 Views
Post# 33756049

RE:Refinancing question

RE:Refinancing question My Opinion is:............ Refinancing is a done deal before Oct 2021 max............ The only question is what "size" of the instrument will it be and at what "rate "and "payment schedule" will be required............ All parties see huge upside so are all in..... i believe.......... Bank was good to ath in 2017 and ath was good to the bank in 2020........... These details are what is at play right now as we speak. The devil is always in the details..... Refinancing plus oil wti average over 60 x 36 minths is a huge huge win for this comany and anyone directly or indirectly involved.......... again just my short term to middle term opinion For my med turm to long term opinion you will have to wait...... :)
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