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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 > 2023 Budget and Return of Capital Strategy
View:
Comment by cahclick on Dec 08, 2022 9:19am
Here are some snippets that stand out for me.   1. "The Company has now achieved its debt target and has also retained the strategic option to further reduce debt at an attractive price in May 2023 by utilizing the Free Cash Flow sweep feature within its indenture." This one (to me) suggests ATH will use some of its cash-on-hand to reduce debt further. I think it also confirms ...more  
Athabasca Oil Corp
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