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 > bonds trading at 46.00

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Comment by fellowshipon Jan 07, 2021 1:53pm

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Post# 32243550

RE:RE:RE:RE:RE:RE:RE:bonds trading at 46.00

Greenday wrote: @ Maxmoe - I think you've missed an important point. The entire size of the issuance was only $450M. That's not enough money invovled to make a market for the bonds and they're probably held by just a handful of financial institutions. Chances are that the bonds will be held to maturity and that they'll never trade. Their quoted price is mostly likely only a derivative of what they would trade for in a liquid bond market so even if you had an account in Berlin and put in a bid to buy some of ATH's bonds you'd probably never get your order filled.

Thank you @ Greenday
I have come to same conclusion.
The bonds are not liquid.

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