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 > 2023 - 25 $$$ 1.1 billion

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Comment by cahclickon Dec 07, 2022 11:11pm

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Post# 35158105

RE:2023 - 25 $$$ 1.1 billion

so according to my math;

$1.1 billion fcf divided by three years divided by 550,000,000 shares equals 67 cents per share per year

Im reading and rereading the update. Looks bueno.

They are basically debt free today given they have $200 million cash on hand.

Looking pretty sweet

jmo

glta