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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.


TSX:ATH - Post by User

Athabasca Oil Corp
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Post by smallcaptdron Feb 06, 2023 2:18pm
168 Views
Post# 35269822

There Are Signs of Stronger China Rebound to Boost Oil, IEA

There Are Signs of Stronger China Rebound to Boost Oil, IEA Oil demand will pick up regardless of Russia or Iran pushing oil into the market and right now any disturbance in Oil production because of an accident or weather is always a possibility but if you're not in the market you'll miss it, Oil is trading up and 50 cents here a dollar there adds up and if you look at the Oil chart you can just barely see the uptick bouncing off support at $73 and if it stays could be the start of the chart heading higher. We came off a krappy week in the red and Monday is green so its a better day!



There Are Signs of Stronger China Rebound to Boost Oil, IEA Says - BNN Bloomberg

Crude oil - 2023 Data - 1983-2022 Historical - 2024 Forecast - Price - Quote - Chart (tradingeconomics.com)
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