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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 Oct 26, 2021 1:35pm
180 Views
Post# 34051123

RE:RE:Net house so far today - TSX only 2.846.200 by BMO

RE:RE:Net house so far today - TSX only 2.846.200 by BMOIf you are saying it's very good news because Eric has some sort of drag on the stock price, I'd have to disagree. If it's because you have some insight into who the buyer is of his 10% block, well maybe, maybe not. Very unlikely Eric is using more than one broker to sell anything IF he's selling. Just makes no sense to have 2 or more brokers pounding the phone lines to sell the same block of stock to the same short list of potential buyers. Big blocks are still sold old school, not by computer algorithms.
Mindset wrote: Just a hunch, but I believe Nuttal has been using RBC and BMO to unwind his position.  He should be almost out.  Which would be very good news. 


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