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

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Post by smallcaptdron Jul 05, 2022 3:03pm

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Post# 34802849

Oil will get back over $100 when?

This was a systematic sell on Oil with really no news or data out today to justify the steep selloff and we might see a second wave tonight. It sure cleaned out the pipes. Everything will rest on the action across the pond tonight and tomorrows US data which will continue through to Friday. After every major selloff being Oil or stocks theres always a recovery. And if they force a cap on Russia Oil then Russia could rebel and stop shipments then Oil will rocket higher. JMHO (always DD)

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