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 > and surprise or not today after the market

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Comment by MLEWICKIMBAon Nov 02, 2022 10:02am

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Post# 35065990

RE:and surprise or not today after the market

1. No dividends or share buybacks are allowed to be paid until 175M USD debt target reached 2. Some chance a debt redemption will be announced but personally i do not expect that. 3. Maybe quidance will be announced on outstanding 43.5M USD debt payment in order to reach 175M debt target but they have said H1 2023 which means up to June 30, 2023. 4. Expect 210M cash on hand which is my estimate. 5. Expect 0.09 cents a share eps. All guesses....

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