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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Athabasca Oil Corp > Ath buybacks today
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Comment by OGInvest0ron Nov 07, 2023 9:03am
144 Views
Post# 35721091

RE:Ath buybacks today

RE:Ath buybacks todayWhile traders do their thing and all the noise roars in the oil markets, ATH quietly is doing its own thing as well, buying back shares to the tune of 200k a day. We already are seeing the effect with a less volatile and one of the most noteworthy sp appreciation over the last 11 months. 
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