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.

TSX:ATH - Post by User

Athabasca Oil Corp > bonds trading at 46.00

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Comment by fellowshipon Jan 07, 2021 3:14pm

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Post# 32246708

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

fellowship wrote: Max the amount is larger I agree and it is possible institutions or individuals holding are interested on selling from time to time but that does not make the bond liquid.
So if you know someone who owns this you have better chance asking that person to sell to you then buying in the open.

Could be the reason why company was not able to retire earlier.
In such cases they need to call back the bond at a certain date - I can understand why they think this can only be done at maturity date. It would have been higly lucrative to buyback at discount but the price trade value was fake.

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