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 > Why Nuttall sold out ath

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Comment by Mackthenifeon Jan 28, 2022 2:12pm

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Post# 34372460

RE:RE:Why Nuttall sold out ath

What an opportunity for management to stick it to EN. Do more than paydown debt with 3/4 of FCF from Q4and Q1. You have lots of cash, so commit 100% of FCF to debt unless some really good reason tells you otherwise. Or take the 25% that is left and pay out a dividend. Quit sitting on buckets of cask with $80+ oil

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