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

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Post by cahclickon Mar 27, 2024 4:31pm

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Post# 35956494

Q1

report will be out in a little over a month.

My estimated highlights:

1. Higher income over previous 1/4 due to higher oil.
2. Increase in cash on hand over YE report.
3. 2023/2024 NCIB fully subscribed.
4. 2024/2025 NCIB under way.
5. Outstanding warrants related to refi reduced.
6. Cash on hand to pay debt off in full.

JMO

go ATH go

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A junior copper-gold stock trading at a bargain of monumental proportions