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 > Don’t sugarcoat it. No news on the debt a MAJOR MISS!!

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Comment by Chris007on Mar 03, 2021 11:11pm

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Post# 32712285

RE:RE:Don’t sugarcoat it. No news on the debt a MAJOR MISS!!

BDC is for short term liquidity, they aren't going to float them them money to refinance 600 mill.

fellowship wrote: Max, Hangingstone was a write-off what do you expect from these results ?
The bank I am sure is BDC they will provide the bridge loan for the debt refinance.

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