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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

Comment by Maxmoeon Feb 10, 2023 12:12pm
57 Views
Post# 35279860

RE:RE:Omg this new format is ANNOYING

RE:RE:Omg this new format is ANNOYING
cahclick wrote:

Yes Max, last year they released Preliminary results on Feb 02.

I was hoping for the same this year but crickets.
Certainly can't accuse ATH of hyping.

Please post anything meaningful from Matt

thx



Maxmoe wrote: So new thread idea. Anyone have the date in the calendar for the annual update ATH provided last year in feb 2? I lobbed a message into Matt, which I can share the reply if he isn't under the cone of silence. Last year we got preliminary annual results, an update on the debt repayment plan, hedging, production, and as usual, did not address an NCIB .....  the debt covenants prohibit buybacks/dividends or even unscheduled early repayment. We got the whole , almost, shabang. And it was quite a bang to the stock price, almost doubling from a buck and change to buck buck and change in about a month. So ....... anyone got the date? 

 


Sorry click, nothing meaningful to report. He confirmed there is nothing scheduled before Year end March 1 after market close. I sent a link to the weekly update I get from TCF. That's unrealistic for a much larger company like ATH, but something in between would be welcome. Like Darren Gee when he was ceo at peyto did a monthly newsletter/update. 
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