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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Athabasca Oil Corp > Why doesn't Rob Broen ever add shares?

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Post by EstevanOutsideron Apr 12, 2022 11:13pm

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Post# 34599003

Why doesn't Rob Broen ever add shares?

Have been following this pos since 2017 and can only note two buys: the CFO's small purchase after promo and the new director John Festival. Nothing from anybody else. It makes sense to me because I have a neg view of the company but just wondering why you boys excuse such a poor management team???

They've been mocking shareholders since the midstream sale. Baited in retail investors telling them a buyback was coming only to almost default on the maturity. Now paying terrible debt without a credit facility. Tough to see shareholder value here but I would love to see some thoughts.

Cheers

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