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 > 4 60 in two weeks ---- 5.50 in 8 weeks

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Comment by MLEWICKIMBAon Sep 15, 2023 12:34pm

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Post# 35638486

RE:RE:RE:RE:4 60 in two weeks ---- 5.50 in 8 weeks

I expect a debt payment in October of a least $25M USD but naybe more.

I expect full execution of remaining $68M CAD share buyback target which was revised to 140M from 150M.

Remember nothing wrong with taking a bit of a breather. After all right now $29 USD per barrel of WCS margin over break even price of $43 USD.

1.4M CAD everyday in cash flow right now.

9.8M CAD each week.

The share price will catch up.

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