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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 Maxmoeon Jan 20, 2021 2:38pm
139 Views
Post# 32335352

RE:RE:RE:Take Under?

RE:RE:RE:Take Under?Ath can't buy that many shares back. Securities laws limit then to 10% of the float in one year. Their own NCIB is more restricted. Anything else requires proper notification and osc prior approvals.
bosstrade wrote: Impossible to take under until they can't pay bills next Feb. Its ATH buying shares my guess as of a few weeks back.


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