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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

Post by cahclickon Dec 01, 2022 9:19am
283 Views
Post# 35142534

Here We Go . ..

Here We Go . ..

Today is December 1


Oil up almost 3 bucks as I write

ATH will be giving its update and we already know it will be positive. They were only 3 million $ short of their 2022 debt target at end of third target.

Its gonna be ++ good ++.

I don't know how they'll spend the fcf going forward but any of the choices will be good for shareholders. I personally hope they continue to crush their debt so they can for once and for all flip the bird to the banksters.

The stars seem to be lining up to push oil higher and that will send ATH flying.

Go ATH GO

All jmo

glta

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