Equinor Sells Stake in Athabasca Oil for $14.1 Million
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 email@example.com
(END) Dow Jones Newswires
January 20, 2021 07:26 ET (12:26 GMT)
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