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 > Overvalued, undervalued, just right?

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Comment by masfortunaon Sep 23, 2021 10:30pm

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Post# 33912534

RE:RE:RE:RE:RE:RE:Overvalued, undervalued, just right?

My guess is that management CAN refinance at any time but are going to try and accumulate as much cash as they can to limit the amount. I don't think rates are going to be any different for them in 3 months so if they are paying 6.25% at the moment (if memory serves me correctly) why would they rush to pay 9%? The sp is irrelevant at the moment to them.

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