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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Athabasca Oil Corp > ATH
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Comment by itsalieon Nov 02, 2022 12:18pm
188 Views
Post# 35066648

RE:ATH

RE:ATH
WONDER1STOCK wrote: We all know ATH will post  a profit. I hope they will concentrate on the debt for sure but then didn't Nutall say he likes a dividen?? Maybe they will split between debt and dividen. 


Nuttal is the largest shareholder and it was most recently his top pick in O/G but I can't see a divvy.. pretty large float for a divvy too.. 

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