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

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Post by MLEWICKIMBAon Sep 08, 2023 9:50pm

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Post# 35627284

94.54 CAD WCS the entire weekend

Like an ATM Bank Machine spitting money.

If you want to sell or have to sell its ok.

15 Trading Days Left in September.

We will soon see ATH begin it's next stage of appreciation.

No other firm in the midcap level is fully recapitalised but ATH will be soon in two stages.

1. 160m proceed sale
2. Strong finish in H2 2023 with increased cash for buybacks. 42M Shares bye bye in 2023 is my estimate.

Takeover target even more right now.

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