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 > TD

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Comment by newtonboyon Mar 12, 2024 11:55am

174 Views

Post# 35928556

RE:RE:TD

This is the part that gets me. Talk about turning a positive into a negative! No doubt that TD is providing lip service for some major clients to hold down the gains. chances are ATH does not do their banking with TD.

"Although we consider the Leismer expansion to 40mbbl/d highly economic and

positive in the long term, it diminishes near-term FCF available for shareholder capital returns."

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