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

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Post by ZeroIzzueon Mar 29, 2015 9:58pm

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Post# 23575385

Iran nuclear talk is the focus in oil price right now

With the Yemen civil being a non-factor in oil price, the Iran nuclear talk is the influential factor. US wants to deal with Iran to keep Saudi in check will lift the sanction on Iran's oil output, but it looks like the deal may be falling apart with Iran backing out on a critical component. Looks like oil will be up tomorrow, and Ath is likely to follow. https://www.nytimes.com/2015/03/30/world/middleeast/iran-backs-away-from-key-detail-in-nuclear-deal.html?_r=0

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