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

Post by Cardboard1on Apr 01, 2019 2:03pm

99 Views

Post# 29564967

Iceberg at $0.85 now removed twice!

Let's see what happens now. There was a large seller not appearing on the ask at $0.85 that is now gone: bid price is now $0.85.

This could rocket higher anytime. WTI is up 2.5% to $61.50 U.S. and WCS is also rocketing higher.

The chart is quite typical of a large seller getting out. You have a daily grind downward for which you can never seem to get out of accompanied by large peaks in volume as we have seen last week.

Then you typically see a big jump upward once this guy is done as unusual selling pressure is gone.

Cardboard

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