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 > Too much insider selling?

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Comment by Chris007on Apr 06, 2021 4:14pm

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Post# 32943447

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Too much insider selling?

lol...unless there is a large dissatisfied institutional investor involved, looking to shake things up, most items on the proxy form will just get rubber stamped and passed

I wouldn't hold my breath in regard to the compensation question. This really isn't an ATH specific critique, this is basically the case with all public companies.

That being said, atleast insiders of other Canadian o&g companies once in while have the decency to buy some shares on their own, rather than just having all their shares "gifted" to them...this lack of insider buying is something pretty unique to ATH.

filefish wrote: Godzillaman,
Go back and look at the ATH Form of Proxy for AGM in 2018
Both Stock Options and Rights were on the ballot for shareholder vote.

Lmao, yeah imagine the sh-yt show AGM's across the board if that was the case. So would AGM's also be the vessel for shareholders to vote on budgets?? yeah, no, not how it works.