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

Comment by Jim12345on Jan 02, 2020 12:56pm

166 Views

Post# 30511523

RE:Resistance level

what we are seeing now is just a short play... it will get squeezed slowly and they all will start to cover... this SP has to go up and will hit $1 soon... that will be a dangerous game for shorters at that turn around point...
My good advice to shorters is to cover as early as possible... Something is cooking up and you don't want to get drowned!
Good luck with longs!

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