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 > Ncib

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Comment by cahclickon Mar 14, 2023 2:38pm

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Post# 35337983

RE:RE:Ncib

Longgame99,
Further to what Maxmoe posted, the NR states . . .

Just read the highlighted text.

Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that the Toronto Stock Exchange (“TSX”) has approved the Corporation’s normal course issuer bid (“NCIB”) to purchase up to 57,967,089 common shares during the 12-month period commencing March 16, 2023 and ending March 15, 2024 or such earlier time as the NCIB is completed or terminated at the option of Athabasca.

Soooo, although it's ATH Corp doing the NR, they are just reporting that the TSX has approved their application and they can start as early as March 16 . . . ATH is not saying they will start on March 16.