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Bullboard - Stock Discussion Forum 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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Heavy Oil Scarcity to Boost Canadian Oil-Sands Prices Next Y
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Post by sculpin2 on Oct 22, 2020 10:58am

Heavy Oil Scarcity to Boost Canadian Oil-Sands Prices Next Y

https://www.bloomberg.com/amp/news/articles/2020-10-21/heavy-oil-scarcity-to-boost-canadian-oil-sands-prices-next-year?__twitter_impression=true
Comment by Nic777 on Oct 22, 2020 11:39am
If WTI-WCS gets to ~$5, that will do wonder for ATH and the Canadian oil industry.  As inventories continue their trend lower, WTI shall get back to about $50 by the end of year. WCS at $45, we shall see many names double in price.
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