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

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Post by MLEWICKIMBAon Apr 29, 2023 4:10pm

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Post# 35421063

What makes ATH soar

1. 3M to 4M shares repurchased each month.

2. Goal is to get back to 530M shares which is the number before the new debt issue in 2021.

3. Warrants being washed, although some holders will wait.

4. Debt retirement. Further!

5. Jv on Corner Asset.

6. WTI appreciation and WCS tightening to 10 to 12.

Expect ATH management to get things done.

Stock is a buck Undervalued by June 1, 2023.

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