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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 masfortunaon Feb 04, 2022 12:36am
149 Views
Post# 34395998

RE:RE:A few things to consider...

RE:RE:A few things to consider...Manitoba if my math is correct a company buying ath would not pay any taxes on that first  3.2 billion in revs. Assuming a 30% saving (???) that's  about 1 billion in savings and would account for a $2.15  sp alone. Pay and additional $2.85  per share (for a total of 1.7 billion) and that gives me $5 dollars.  So  a company making revenues in excess of 3.2 billion that are going to get taxed, could pay $5 per share and acquire Ath for 1.7 billion. Not sure if I would call that 1.7 billion excessive if oil crosses that $100 and ath is then trading at $2.50.
Wishful thinking a little I know BUT it's always nice to dream a little.
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