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 > One Year Ago EN Predicted 5.27 a share -- check on bnn

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Post by MLEWICKIMBAon Aug 07, 2023 12:17am

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Post# 35575838

One Year Ago EN Predicted 5.27 a share -- check on bnn

1 He spoke of paying down the debt and then moving to return capital to shareholders re: 75%.

2. Oil price the last 6 months didn't help but Ath navigated that period quite well.

5 27 is a reasonable figure. Ath will be buying back shares from now to November 1, 2023 to make that happen.

Our risk is oil prices but it seems as if we are either stable at 83.00 WTI or we are moving higher as some predict.

I see Marban is $88.48. The UAE benchmark is a good indicator.

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