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 > The crazy thing is

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Comment by ComradeKomissaron Aug 25, 2021 4:15pm

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Post# 33762562

RE:RE:RE:RE:The crazy thing is

I have this feller on "ignore", but couldn't help but respond. The overall level of debt doesn't matter when doing share buybacks, as long as the debt you incur is at lower rate than your internal cost of capital.

Nothingmatters wrote:For that you have to have minimal debt...Apart SU and erf no other company has committed to stock buy backs..

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