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 > ATH @ $1.35 when oil was at $79 in Jan

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Comment by MLEWICKIMBAon Oct 02, 2022 9:54pm

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Post# 35000746

RE:ATH @ $1.35 when oil was at $79 in Jan

The debt repayment of $131 USD warrants the share price premium. And soon when the 75% rule they agreed to is lifted, Athabasca Oil Corporation wont have to use 75% of cash flow to debt. Also i expect the warrants to be fully exercised when oil back at 100 in December. 4 bucls Ath target by spring 2023.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle