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

Bullboard Posts

Comment by STOCKMAN70on Oct 09, 2013 2:34pm

160 Views

Post# 21804007

RE:RE:Good day

I am just looking it from a short term perspective mostly on technicals - no yoga. When it jumped up to 8 it felt like short covering to me but at 7 it feels like it is getting too cheap and bargain hunters will support the price as the 1.32b is still highly likely. if they don't get the money or get a largely reduced amount due to the buffer zone then this could significantly drop. positive JV announcement it could significantly rise. just my opinion all of this and if it closes below 7.15ish i would rethink what has happened today.

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