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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 filefishon Jul 17, 2021 3:56pm
121 Views
Post# 33565538

RE:RE:Time is running out

RE:RE:Time is running outObviously Nutall is hedging his bet on ATH, but it demonstrates a certain lack of conviction in managements ability to make a transformative deal or Refi.
I also fear that the Biden admin thru the MSM will be pushing a fear narative on COVID to among other things, drive down oil prices.
 

fellowship wrote: Nutall is only 32 mil shares now, he unloaded 15 mil at end of June.
Also take in the consideration the shorts added at same time. 

Symbol Issue Name Shares Net Change Date
$ATH.TO ATHABASCA OIL CORPORATION J 2,402,627 314,672 30 Jun 2021

We are where we are supposed to be. GLTA


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