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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 MLEWICKIMBAon Oct 05, 2023 10:31am
108 Views
Post# 35670944

RE:RE:Financial Markets Where -'USA

RE:RE:Financial Markets Where -'USA25M shares
3.19 a share avg price
80M CAD as of Sept 15, 2023

That's why the share price is around 4 bucks and not like BTE selling off like a bad potato the last few days.

At this price 3.97 ATH can buyback more

I expect 140M CAD Dollar share buyback target to be met in December 2023.

With that shares go up.
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