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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 Jun 20, 2023 2:50pm
207 Views
Post# 35505800

RE:RE:RE:I

RE:RE:RE:IIs it just me? I'm happy with this temporary blip. The NCIB is picking up way more, way cheaper shares than when it started in April. I wasn't selling anyway, so this is a good thing. Assuming oil doesn't collapse because Saudi needs to teach us all a lesson again, or whatever, these NCIB purchases will be "genius" using hindsight. Let's hope we finish the NCIB ahead of 12 month schedule, and follow up with an SIB if we're still down here. Man, hats off to shorty, couple of early 70s clackers there unless the short is somehow hedged. 
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