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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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

Comment by Maxmoeon Jan 08, 2021 8:01am
156 Views
Post# 32252141

RE:RE:No new is ....?

RE:RE:No new is ....?Does anyone think there should be a connection between the bar for buybacks(sustainable free cash flow) and the awarding of free shares and cash bonuses to management? I do, but I doubt it exists. Matt Taylor, the cfo, doesn't respond to investor inquiries, but does monitor this board. If I was given millions of shares, free, I wouldn't buy any in the market either. But I'm not. So I bought last spring and doubled up last fall. I'm not a flipper but I would like to see a path, a plan, a half @ssed effort to this stock reflecting my fair value estimate of $1 using $50wti. Even a minimalist buyback of $5 million of shares and/or $50 million face value of bonds would make a big difference. Just my 2 cents. Do your own DD. 
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