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

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Post by 600Volton Jan 11, 2022 7:15am

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Post# 34302643

Insider Buying

Seems like a vote of confidence...

Athabasca Oil Corp.

On Jan. 5, John Festival invested $472,000 in shares of Athabasca, excluding commission charges. He acquired 400,000 shares at a cost per share of $1.18, lifting this particular account’s holdings to 1,014,700 shares.

In 2020, Mr. Festival was appointed to the company’s board of directors. He also serves on Gibson Energy’s (GEI-T) board of directors.

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