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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 Maxmoeon Feb 02, 2022 3:53pm
145 Views
Post# 34390552

RE:RE:RE:34000 bopd's with 40 netback gives you 500 mill cashflow

RE:RE:RE:34000 bopd's with 40 netback gives you 500 mill cashflowOther than "we'll do a little of everything" with all the extra cashflow, it's hard to predict what any of them will do. Seems these guys are more tight lipped than most but after the heLL of 2020 and 21, they will never rely on the banks for even a chequing account. Ever. It will take years of excessive cash flow before the entire industry goes nuts and starts buying up everything in sight and drill,drill,drill fever takes over. But oh, what years they will be before we get there. When they start, how much, is up for debate but all of them, even Ath, will be buying stock and paying dividends long before they start creating the end of the cycle as masters of their own demise. 
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