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

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Comment by greenhawkon Aug 29, 2014 11:06am

289 Views

Post# 22889695

RE:RE:RE:RE:Trading Halted......oh no is this the big one

STOCKMAN70 wrote: Feel pretty confident it will be about the payment. I think likely they will be receiving the funds. Lots of folks maybe want out of the stock after being under water for so long and lots of,shorts so should be interesting. I would expect we could get to 8.50 or 9.00 if they are getting the amount laid out in the most recent conference call

Don't get why the halt is taking so long jif it's for the payment ( which is expected). Maybe it came in cash. It would take an awfulll long time to count that much cash!

GLTA

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