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 retiredcfon Mar 07, 2024 11:42am

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Post# 35920626

Mizuho

Once oil goes above its 100-day moving average, it’s time to start getting long: strategist

Robert Yawger, energy futures strategist at Mizuho Americas, joins BNN Bloomberg to discuss oil market trends. He says the Saudis are walking a fine line in raising prices for buyers in Asia as they are not competing with discounted barrels from Russia or Iran, but also don’t want to raise prices so high that they risk losing market share to sellers like the US, Brazil or Guyana.

https://www.bnnbloomberg.ca/video/once-oil-goes-above-its-100-day-moving-average-it-s-time-to-start-getting-long-strategist~2880283

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