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 > Got a response from Matt , pretty quick

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Comment by jjjorge35on Jul 27, 2023 3:14pm

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Post# 35560213

RE:Got a response from Matt , pretty quick

Thanks for forwarding the reply from Matt. Unfortunately it is an absolute lie, and can be fact checked quite easily from their financial statements... He states " reduced FD shares outstanding by 3.5% since Dec 31, 2022". Let's see- shares outstanding Dec 31, 2022 were 586.4 million (diluted was 604.9 million), and as of June 30th, 2023 shares outstanding were 592.2 million (diluted 616.8 million).

So, complete hogwash. Makes me wonder- why the deception from ATH PR?

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