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 > New Press Release - Athabasca Oil Corporation Announces Closing of Non-Core Light Oil Asset Sale, Reaffirms 2023 Guidance and Provides a Return of Capital Update

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Comment by JrOGInvestoron Sep 14, 2023 5:59pm

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Post# 35637179

RE:New Press Release - Athabasca Oil Corporation Announces Closing of Non-Core Light Oil Asset Sale, Reaffirms 2023 Guidance and Provides a Return of Capital Update

Other than the 'reaffirmation of return of capital to shareholders' nothing was mentioned about plans for 160 million. Rather cryptic or obvious oversight? Either way 90 dollar oil is a sweet spot GLTA

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