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.

TSX:ATH - Post by User

Athabasca Oil Corp

Bullboard Posts

Post by STOCKMAN70on Sep 10, 2013 7:30pm

301 Views

Post# 21731097

Price action

I am happy with the price action this week. Think we will continue to see some short covering as happend over the past month. Few sellers right now (and buyers too). I believe the provincial approval will be coming in the near term which is a positive catalyst.
Also nice to see the price stable as the price of oil declined over the past couple of sessions. Risk/reward still seems good for the short-term baring any negative news (which I am not anticipating),
GLTA
C.

Bullboard Posts

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