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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.

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Athabasca Oil Corp > Sell to cash before Trump

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Comment by cahclickon Jan 13, 2025 4:51pm

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Post# 36402114

RE:RE:Sell to cash before Trump

Maxmoe wrote: Oil glut, oil shortage, oil sanctions, oil tariffs, ....all these ebb and flow. At the end of it all, ATH seems like the best oil investment I can find. The buybacks are the bomb for shorty. If trump is going to self destruct, I don't know what sector is a haven, but the world needs energy

ATH is sitting with no net debt and cash on hand so can weather some crud if need be.

glta

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