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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.


TSX:ATH - Post by User

Athabasca Oil Corp > 6 million shares bought back already!
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Post by TheWokeLemmingon May 10, 2023 8:54pm
258 Views
Post# 35442160

6 million shares bought back already!

6 million shares bought back already!

No taxes for 7 years.  $173 million cash on hand. Buybacks will continue unless oil prices crater into the low 60s.  

Well managed and doing EXACTLY what they said they would!   Duster's big fire scare amounts to 300 bopd .... laughable!

4.50 by Jan 1, 2024.
My opinion only. 

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Dealroom for high-potential pre-IPO opportunities