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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
Post by Duxingon Nov 14, 2017 7:33pm
65 Views
Post# 26963926

Oil has risen from 50 all the way to near 58

Oil has risen from 50 all the way to near 58Some Pullback is normal. Look back you will see it rose 5bulks each time and pulled back half of its rally every time! This time it had risen for over 7 dollars! It had been hovering around 57 for few days and looking for excuse to pullback! Today’s stupid IEA report became a trigger for pullback!

This will be the last pullback before November 30! Only 10 trading days left! 
Bullboard Posts