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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Comment by filefishon Mar 12, 2020 5:36pm

127 Views

Post# 30801451

RE:Market cap CAD$85 mln. or USD$60 mln.

The times are desperate and desparate measures are needed.
We should demand that ATH immediately payout a .40/sh special dividend ( $200mil cash) to shareholders. If they cant present a plan for refinancing the debt and just continue to sit on the cash and pay interest,what good is that to us if the enevitable is going to happen anyway? Keep them employed for 2 more years?. I am just sick of this. Cant wait until AGM to vote against all Board members.

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