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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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

Post by Torontohomer1on Apr 02, 2024 4:37pm
255 Views
Post# 35966145

Price Action

Price ActionWouldn't worry too much about the dip. EN comments for good  or bad are almost always forgotten in less than a week and price levels out.

Good news is 17,000,000 shares were being sold into the market and the price climbed while he was selling.

Oil is climbing and Middle East could explode any day.

Cenovous is clearly consolidating in Monternay and Douverny. Can only be good for ATH.


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