Harrington saleThe follwing is taken from today's financial post. Could not see any announcement from Athabaska at this time.
On Tuesday, two London, U.K.-based private equity players, McIntyre Partners and Griffon Partners, announced they would buy the 10,000-barrels-per-day Hangingstone oilsands project through an acquisition company called Greenfire Acquisition Corp for an undisclosed sum.
“While 2020 was a challenging year for the energy sector, within every challenge there is an opportunity,” said Julian McIntyre of McIntyre Partners, he called the Hangingstone project a “first class asset with a tremendous management team.”
A release announcing the deal said Greenfire “sees a range of investment opportunities in the sector with significant potential.”