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 > Short sales report from iiroc

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Comment by Maxmoeon Jan 24, 2022 12:14am

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Post# 34350921

RE:RE:RE:Short sales report from iiroc

I would expect "informed " money expecting a raid on wti would short something liquid, not a small cap. It's more likely Ath specific than an oil trade. The warrant arb seems plausible other than why bother. If you bought all those bonds, the warrants were like free lottery tickets.

cahclick wrote:

Could be that "informed" money is expecting a raid on wti again knowing that will hurt all oil names ?

With oil just jumping 10 bucks over last 2 weeks and Q4 reports about to be released, it sure seems like a weird time to be betting against oil names.

Once we hit $15 this will be long forgotten :)

jmo
glta

Maxmoe wrote: Finally had some free time to look it up and WOW. Huge jump in shorts. Again. More than doubled from 14 million to 38 million short @ Jan 15. Up from just 4 million Dec 15. I'd love to know the story there, whether it's a pair trade, an arb against the bonds, or just giant cajones short position.