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Bullboard - Stock Discussion Forum
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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TSX:ATH - Post Discussion
Athabasca Oil Corp
> US API Crude Oil Stock large draw.
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•••
smallcaptdr
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Post by
smallcaptdr
on Nov 29, 2022 6:11pm
US API Crude Oil Stock large draw.
We'll know tomorrow how this affects the price of Oil. It should be bullish because the consensus was for -2.48Mil and it was -7.85Mil so the question is just how bullish will this number be against everything else. It's been 1 1/2 hours after the number was released and so far Oil rallied to $79 and has pulled back to $78 but it's a long night.
(6)
•••
fishtail
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Comment by
fishtail
on Nov 29, 2022 7:18pm
Appreciate the update and with details.. Thanks!
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