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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

Bullboard Posts
Comment by vindaloo_u2on Sep 07, 2017 8:55am
114 Views
Post# 26665266

RE:RE:RE:I am wondering how badly he needed money so that

RE:RE:RE:I am wondering how badly he needed money so thatSP had been slightly recovering (.96) when CEO (total renuneration of around 2.5 mil) decided to dump 75k shares...dropping sp down to near all time low. Even pgf (similar market cap) is now kicking this stock's butt.....with triple the debt, less production and bleeding cash. Not sure what he was thinking, but if this goes private in the next year, we'll know who he was working for.
Bullboard Posts