Equinor Sells Stake in Athabasca Oil for $14.1 Million
January 20 2021 - 6:41AM
Dow Jones News
By Dominic Chopping
Equinor ASA said Wednesday that it sold its 100 million common
shares in Athabasca Oil Corp. on Jan. 19 for 18 million Canadian
dollars ($14.1 million).
The Norwegian oil-and-gas major said it sold its shares, which
represented 18.8% of Athabasca, at a price of C$0.18 per share.
Following the sale, Equinor has no remaining beneficial
ownership stake in the company.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
January 20, 2021 07:26 ET (12:26 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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