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.

TSX:ATH - Post by User

Athabasca Oil Corp > Last time Oil was $72 ATH shares were $1.20

<< Previous

Bullboard Posts

Next >>

Comment by JrOGInvestoron Dec 09, 2022 9:53am

198 Views

Post# 35161419

RE:RE:Last time Oil was $72 ATH shares were $1.20

Debt Target does not equal debt free, and you can't take a snap shot "last time oil was this the share price was this". Share float was different, debt was different; it's widely known they need 45-50$ / barrel to pay the bills and above that is adjusted funds flow/free cash flow.

You're entitled to your own opinion, not your own facts.

<< Previous

Bullboard Posts

Next >>

This junior mining stock offers billions in market exposure