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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 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

Athabasca Oil Corp > ATH to hit 499M Shares by May 2025
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Post by MLEWICKIMBAon Dec 26, 2024 1:43am
148 Views
Post# 36377389

ATH to hit 499M Shares by May 2025

ATH to hit 499M Shares by May 2025Shares undervalued by $1.00 currebtly based on 100% return of capital HURDLE and 6% premium on the CAD versus Q3 2024.  

The CAD$ premium allows for at least 1.2M shares each month to be bought back in addition to the current share buyback initiative.

EN right about that.

ML
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