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 > What catalysts oes ATH have in the near future to make this

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Comment by churchofnutsaccon Jan 20, 2022 10:35am

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Post# 34337213

RE:RE:RE:RE:RE:What catalysts oes ATH have in the near future to make this

ATH really needs to work on reducing its shares. Once debt is under control all free cash flows should be going to buying back shares and getting its float under control.

Also, the board needs to immedately stop issuing shares to themselves. They are an overfed and overpaid management team as is. If they want shares, they can buy them on the open market like the rest of us.

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