Man you guys are all clueless.....!I think only the Famous spammng professional Eigen "Always Big Caps" 337 might have slightly mentioned the real reason behind the Athabasca drama recently. This has NOTHING to do with any possible meger or TakeOver or TakeUnder or any taking of any kind. There's really no mystery in all of this except for those that arent to perceptive in general and/or don't follow the industry too closely!
This has EVERYTHING to with those little nutballs Scandinavians, the Danes, Swedes and specifically NORWEIGIANS here going completely "off the cliff" GREEN. A few years ago the that the Norweigian Gov't started to set the country & peoples on a path of extreme "environementally conscious" agenda. That was soon followed by the investment/Business community and that humungously HUGE Norweigian Wealth fund disavowing & disowning ANY investment in Fossil fuels and proceeded to abandon all assets in naughty polluters like Kanada (lol i'm serious here folks!). The Equinor saga is JUST a continuation of this drama. It's happening NOW becuase they are business people in the end and they didnt't want to take too much of a loss on this investment. Green vs Green ....lol.....who win? So forget about who the seller is and why, this is pretty much a given and known.....the more important question is WHO took Equinor's huge stake?
Find that out and get more insights on where Athabasca COULD possibly head towards next!
Good luck & God speed