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Bullboard - Stock Discussion Forum 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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Say it again - when debt 175M - Takeover Imminent
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Post by MLEWICKIMBA on Aug 12, 2022 5:57pm

Say it again - when debt 175M - Takeover Imminent

EN said that on BNN Bloomberg again today. Two mid caps sold recently. Ath is next. Can easily be expanded to 70 - 80k bpd and tax carry forwards are attactuve to four or five firms. My guess September to October before oil spr price run up. Have a good weekend.
Comment by dandu1924 on Aug 12, 2022 8:39pm
I would like to know the names of two mid caps sold recently. Thank you
Comment by stock_for_gold on Aug 12, 2022 11:22pm
https://www.rystadenergy.com/newsevents/news/press-releases/Upstream-MA-deals-reached-a-three-year-high-of-181-billion-in-2021-returning-to-pre-Covid-levels/
Comment by stock_for_gold on Aug 12, 2022 11:23pm
These are some of the companies that were taken over or merged
Comment by MLEWICKIMBA on Aug 13, 2022 12:44am
Strathcona bought Serafina 2 3 BLN -- Strathcona is Waterous. Whitecap Resources bought XTO (Imperial Oil and Exxon) 1.9 BLN I believe. Those two mid caps perhaps.
Athabasca Oil Corp