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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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.


TSX:ATH - Post by User

Comment by Chris007on Dec 17, 2020 10:36am
138 Views
Post# 32127707

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Equinor

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:EquinorI'm actually with you, that it is a nothingburger. As you should know by now, I am not exactly the most conspiratorially-minded/paranoid of users on this board.

As far we all know, for now, this is just your routine kind of corporate housekeeping/restructuring as stated in the report.

That being said, positioning for a tax loss is not beyond the realm of possibility as Max suggested, especially, since their investment is down over 90%. A tax loss may very well be the most efficient way to make use of the shares for the company.

fellowship wrote: Your logic is flawless but still mising. lol. Still did not answer my question. 
Obviously stock was not sold since 2017. Now both of you make it sound like they want to take the loss. Obviously they did not and only moved shares to Nederlands subsidiary where all their foreign investments are being tendered. That being said you are jumping to conclusion and make assumptions which obviously are nothingburger. lol


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