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 > Looks like the $3.25 is heavy barrier.

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Comment by Maxmoeon Mar 28, 2023 9:56pm

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Post# 35365923

RE:RE:Looks like the $3.25 is heavy barrier.

Jibber jabber like all technical ANALysis. Right conclusion, but no basis for it. I'll stick to balance sheet, free cash flow, now sprinkled with an NCIB, and of course, as per the #1 fan, 100 YEAR RESERVES! In other words, fundamentals. But same target. I still expect a double over the next 12 months. Sooner would be welcome, but unnecessary. 2% buyback tax on a stock with 100% upside ? Yes please, and may I have another.

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