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 > Strong close

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Comment by MLEWICKIMBAon Jul 21, 2023 8:04pm

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Post# 35552380

RE:RE:Strong close

No dividend.

If dividend stock price will fall.

We want as per their presentation.

1. 150M CAD in stock repurchases this year
2. Debt reduction
3. Strong COH

1,2 and 3 means stock goes up and up because December 2023 budget for 2024 means 39k bpd and 200M CAD budget for stock repurchases and debt hitting $100M USD by EOY 2024.

Hold shares until 5 bucks which should be February 2024.... 4.35 in December. 3.75 next week

6.00 bucks in 17 months.

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