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 Apr 11, 2023 2:37pm

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Post# 35389029

Verdict is in for higher Oil....

Watching Oil trade at 2:30pm is usually a tell tail sign on the outlook for Oil and I can't remember recently the last time the US held onto the day's gains without selling into it...put aside all the headlines all you really need to do is to read how Oil is trading. With Billion$ invested in $80 Oil those buyers will make sure that they have a payday. Oil technicals are now bullish! The writing is on the wall for $85 Oil

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

Technical Analysis of CFDs on Crude Oil (WTI) (FX:USOIL) — TradingView

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