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Bullboard - Stock Discussion Forum 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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > 63% of debt reduction target achieved!
View:
Post by MLEWICKIMBA on Jun 22, 2022 12:14am

63% of debt reduction target achieved!

June 6th release - so what's the next percentage? Probably 80% or more by Q2 Release.
Comment by ComradeKomissar on Jun 22, 2022 12:17am
They probably have a balance of $240M right now. They need to be $175M for them having full control of their free cash flow.
Comment by Moneyloop on Jun 22, 2022 7:00am
Next earning report july 27th,we should be dam close to their target on reducing debt. Next stop,share buyback ,then,the cherry on the nipple(  a little divi ).
Athabasca Oil Corp
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