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 > Predictions - Buyer beware

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Comment by riskion Aug 10, 2021 2:48pm

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Post# 33679255

RE:RE:RE:RE:RE:Predictions - Buyer beware

We seem to have lost a lot of the weak traders with that WTI swoon in July. The O&G company share prices have been far more stable with this August WTI fall.

Tartar3 wrote: Never really sure what the long haul means, but i do have a price target much higher than we are today, strange as is seems I'm happy oil hasn't gone parabolic like some wished for, WTi settling in this range will give ATH time to repair the balance sheet, which will increase the share price significantly from here I believe, $100+ oil would've made this a short term trade, but the traders maybe back next year when we see how the supply/demand outlook shapes up for next years summer driving season, until then i'm holding and still up triple digits Enable GingerCannot connect to Ginger Check your internet connection
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