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 > Strong opening

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Comment by Maxmoeon Jul 31, 2023 10:29am

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Post# 35564635

RE:Strong opening

MLEWICKIMBA wrote: Let the Ath engine roar.

1. More production in Q3 2023.
2. Netbacks good in Q3 2033
3. Buybacks continue
4. Debt gets paid down some more
5. Cash on hand goes up

Undervalued -- as stated real value this week is 3.75

I'd say Ath should get to $3.75 this week with just a partial recognition of a MUCH higher real value. Not that the "real" value is only $3.75.

Sorry to be pedantic, I'm going for out cheerleading
go Ath go.

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