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 > Good luck shorts - rerating coming - takeover?

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Post by MLEWICKIMBAon Aug 22, 2022 11:12pm

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Post# 34913174

Good luck shorts - rerating coming - takeover?

Given the tax pools Ath is probably a takeover target in the next two months. The shares 3.75 in 6 weeks and 4.25 dollar per share takeover likeky. 1 year anniversary of $350M debt issue is on October 15, 2022. My guess 175M debt reduction target met that day.

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