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

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Post by Moremoney4uon Apr 14, 2022 5:27am

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Post# 34602827

ATH DEBT REDUCTION, HEDGING REDUCED,ETC

ATH, in the next 2 quarters will seen significant reductions in debt, EPS WILL increase MASSIVELY,
ACCUMULATION IS NOW in progress. 3.50 $$$$ plus plus. OIL IS staying in the 95.00 to 100.00 range for a long time. ATH has a hedge progrm in place which should be reduced in the coming months, taking advantage of the high price of OIL, THIS will AGAIN , INCREASE EPS . BUY ON DIPS IF THERE WILL BE ANY. DONT THINK SO. HAPPY CAPITALISM

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