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.

TSX:ATH - Post by User

Athabasca Oil Corp > incredibly weak, how to explain that.

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Comment by Hoover69on Dec 09, 2022 9:41am

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Post# 35161381

RE:RE:RE:incredibly weak, how to explain that.

Agree. Ath made up 7.2% of NNRG at the end of November. It was his 6th largest holding. He has increased his holdings in Ath in each of the last three months. That being said, we will have to wait until early January to see if he made any changes as a result of this weeks update by Ath management.

Long Ath.

JrOGInvestor wrote: Unlikely 9point reduced holdings of Ath for this reason. Since he's a 10 percent shareholder of the company I could say with 95 percent certainty that he already knew there wouldn't be a share buyback until Q2.

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