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 > New Investor

<< Previous

Bullboard Posts

Next >>

Comment by JrOGInvestoron Sep 06, 2023 4:38pm

219 Views

Post# 35622698

RE:New Investor

45 a barrel I believe
currently just doing buybacks at 10 percent a year. Their public float is over 400 million shares so it'll take a few more years to cut that in half. Maybe then, if you believe the oil thesis of relevance for at least the next decade and the price of oil remains above 70 a barrel. Just like any ride you just have to make sure you get off while you're still happy. GLTA

<< Previous

Bullboard Posts

Next >>

Invest wiser with BMO's InvestorLine Platform features