How much debt does Aspen have?

Written by Admin | Last Updated: July 2026

Athabasca Oil Corporation maintains a conservative debt profile relative to its asset base as a Canadian energy exploration and production enterprise focused on thermal oil and light oil resource development. Its total debt on the balance sheet is reported at approximately 150 million US dollars (or roughly 200 million Canadian dollars), reflecting a disciplined approach to capital allocation and debt reduction. Management has prioritized utilizing strong commodity cash flows to pay down legacy borrowings, strengthen liquidity, and return capital to shareholders through buybacks and dividends while funding ongoing production optimization.

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