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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

Post by DukesMtlon Dec 06, 2023 8:05pm
225 Views
Post# 35772137

ATH giving 100% of Free Cash Flow back to Shareholders

ATH giving 100% of Free Cash Flow back to ShareholdersNot a bit worried about the recent sell off.

Lots of dry powder on the sidelines 

ATH will Rocket Ship when Oil rises back to high 70's - Lower 80'S range.

Good buying opp now at these levels.
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