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

Bullboard Posts

Post by Roberto8024on Aug 20, 2013 2:07pm

328 Views

Post# 21683989

Something does not add up

Because Nuttall is a fresh target I will use him for this discussion. He was pumping the stock at $6.90 on BNN on July 30th with a $3.30 upside once the ERCB approval was done. However, yesterday he said he sold his holding for a trade between $8.40-$9.00. So he obviously does not think the 1.3Billion will translate to an automatic share increase which would bring it back up to $10.00.

So the question still is what is the problem.

Bullboard Posts

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