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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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.


TSX:ATH - Post by User

Comment by Tartar3on Sep 26, 2021 9:13pm
173 Views
Post# 33921545

RE:RE:RE:Countdown - 150 days until bond maturity

RE:RE:RE:Countdown - 150 days until bond maturityAt this late date i can see another strategy emerging, let the bonds mature, pay off half with cash, refi the other part with a debt instrument of your own, stock would skyrocket, this will cut loose the banks with their onerous covenants, risky strategy I know, but this would be a $2 stock by next spring if they did it, i think they've mentioned doing something like this on the last cc, purely speculation on my part though
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