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 > Wowza from eric

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Comment by Maxmoeon Jun 25, 2022 10:10am

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Post# 34782217

RE:RE:Wowza from eric

Comrade posted the chart I was referring to that BNN used. It was the one top right showing years of cash flow needed to buy back all debt and stock. Ath is 1.6 and lowest hanging fruit for taking private. That number may or may not account for the $213 million in cash already on the balance sheet. A nice parting gift. 35 cent dividend before going private.

cahclick wrote:
If you see the chart you refer to in your travels, please post it here.

If someone lends you the money, keep me in mind for "local expert". I live about 25km from Athabasca. I get up late and go home early but I'm reliable. :)

Maxmoe wrote: Ath is far left on his chart. The cheapest name in his universe. 1.8 years cashflow to privatize. So who wants to lend me the $$ to take it private? My buddy in Manitoba can be co-ceo.