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 > Pemex, Libya, hurricane. Oil prices will rise at some point

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Comment by bosstradeon Aug 31, 2021 6:52am

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Post# 33786701

RE:RE:RE:RE:RE:RE:Pemex, Libya, hurricane. Oil prices will rise at some point

Agree Filefish. But refinancing until after 2nd quarter results would have been difficult. With 2nd quarter results positive, presumably much better hedging for last two quarters and the sale of egress, refinancing will happen. Robert Broen rakes in $2.6 mill salary plus bonus. All he has to do is refinance in order to make $2.6 million next year. His job is now in the cross hairs for all of us investors. Pandemic Hall pass is up. Either he makes refinancing happen by end of quarter or the wagon will be circled big time. I will lead the charge on this one.

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