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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 Chris007on Jun 18, 2021 2:43pm
198 Views
Post# 33412324

RE:RE:RE:RE:Too bad ATH continues to trade ....

RE:RE:RE:RE:Too bad ATH continues to trade ....Most mergers these days in the Canadian energy sector seem to be done via share swap...so your ATH shares would be swapped for shares in the acquiring company at a pre-determined ratio

AllInOnOil wrote: How would it work if it happens? Would ATH turn into shares of the bigger company or would we get paid out based on how many shares we own?


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