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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

Bullboard Posts
Comment by wmstockon Mar 04, 2015 3:13pm
126 Views
Post# 23489898

RE:RE:Crude price

RE:RE:Crude price
spurwing2 wrote:
Doesn't seem like the huge inventory matters anymore.


It does, traders are selling on strength. Gains don't last, there is still a over supply of oil, there will be a demand increase in the summer months but keep in mind once oil supply reached it's storage limit there may be another drop.  I hold ath ($2.02) and in for the long, if it drops below my entry I"ll just add to my position I'm not into the day trading game.
Bullboard Posts