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 > Time to level up

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Comment by BigJakeon Sep 16, 2022 5:26pm

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Post# 34968194

RE:Time to level up

4thefunofit wrote:
CJ EV = ~1.3b, production = ~ 20,500 bbl/d

Deltastream (Tamaracks recent acquisition) EV = 1.4b, production = ~ 19,000 growing to 23,000bbl/d

ATH EV = ~ 1.35b, production = ~35,000bbl/d

I think it's time for ATH to make its next move higher.

HWX is 1.4 b with less than 10k per day, but these companies are now or will be debt free by the end of the year. It seems like people don't even look at the terms of the debt only the level. I don't agree with this but you definitely get penalized for carrying debt

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