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 > US$350 Million Notes Offering

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Comment by masfortunaon Oct 07, 2021 8:14pm

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Post# 33986898

RE:RE:RE:US$350 Million Notes Offering

IIt's not complaining MAX. It's trying to make sense of it. Care to explain why they need 350 million if by your own words they will be swimming in cash? I too think the the actual rate number is inconsequential if you believe in the super energy bull.

***If ATH also believed that they could pay this off quickly, then why 350 million and dilute the company so much?
Unless they plan on buying back the 15% diluted shares with the cash?

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From now on, dynaCERT instead of Bitcoin or NVIDIA?