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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 cahclickon Dec 14, 2023 4:10pm
240 Views
Post# 35785416

Nice finish

Nice finish

 

Another big volume day

Almost got our $4 handle back

As for dividends, if ever any, I prefer the Special Dividend in ATH's case. Shorts can add a regular dividend into their math models but Special Dividends get them right between the eyes because they don't see it coming.
Driving the float down between ncib's and sibs will get the job done. A low float combined with zero debt is magical.

go ath go

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