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 Dec 07, 2022 1:41pm

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Post# 35156873

Trend for Oil looks lower

As traders, we're so focused on watching Oil trading on top of trading shares that just stepping back can give us a real look at where all this is heading. I said yesterday that Oil would hit $72 and it did but I'm really thinking that this could hit $70 by the US traders to help out the government to refill SPR that's been so dependent on and with the latest conditions pushing it to lower the traders can use that to justify everyday selling. JMHO

Look at the chart and click on the 1-Week view

Crude oil - 2022 Data - 1983-2021 Historical - 2023 Forecast - Price - Quote - Chart (tradingeconomics.com)

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A junior copper-gold stock trading at a bargain of monumental proportions