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 5to10holdon Aug 19, 2016 12:05pm

233 Views

Post# 25158716

Massive Short Interest Reduction

https://www.financialpost.com/markets/data/market-short_pos.html

As shorts continue to unwind positions look for the share price to mimic a levered oil ETF. At >$50 oil Ath should commence rapid increases due to HS1 economics (signifcant cash generation). 11m short decrease is a great sign as should push share price movement more towards fundamentals vs manipulation by investors.

In this one for the long-haul @ 1.86. GLTA

Bullboard Posts

Investing with insurance and protection