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 Plan for 2024 ?

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Post by cahclickon Nov 30, 2023 12:11pm

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Post# 35761290

New Plan for 2024 ?

Ebb and his sister Flo are at it again :)

Remind me again how much FCF is making daily at current WCS.

Since ATH effectively has no debt and is currently using 75% of FCF to support the NCIB and that doesn't seem to be moving the needle on SP - Thankyou shorts. . .

maybe ATH should start returning FCF to shareholders via dividends ? That would reward shareholders and also encourage shorts to buzz off as shorts would have to pay the dividend for the shares they've shorted. Just a thought.

This last couple months of rinse and repeat has been less than exciting BUT I still don't see anywhere else that has the torque and upside of ATH.

JMO

glta longs