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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 cahclickon Aug 15, 2023 9:41am
66 Views
Post# 35588714

RE:RE:Going Forward -- Stock Undervalued

RE:RE:Going Forward -- Stock Undervalued

gerboli1 wrote: I'm not very familiar with their debt repayment. I think they were forced to follow certain rules until they hit $175 million debt target. Is that why you are referring to 45 days (because I think they will hit that target?). If not, can you explain where it says they can choose to pay down the debt however they want now?

 


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