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 > Time to settle down

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Comment by Mindseton Jun 16, 2021 8:45pm

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Post# 33399950

RE:RE:Time to settle down

I'm doing my best to stay level headed and buy on weakness. I started at .235 and been adding more. Last buys where at .79 recently.

Last mention from management was that they were several months away from refinancing the debt. So hopefully I'll have time and cash to build even more by then. Thinking after Q3 they'll do it. Lots of cash by the. and credit is getting cheaper and plentiful in the patch. They longer they wait the better.

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