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 > The Road to 5 Bucks Seems Pretty Clear Now

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Comment by OGInvest0ron Nov 15, 2023 6:22pm

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Post# 35738021

RE:RE:The Road to 5 Bucks Seems Pretty Clear Now

Ever is a long time :)

Near term (next 12 months) hard no. They are committed to share buy back to return capital to us.

If they find themselves awash in extra cash with their 75 percent return of capital strategy then who knows after the next year. But for now they are not wanting to get bogged down with paying a dividend. I don't blame them and I am happy to be on board for the ride sans dividend.

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