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 kingshaneon Jan 09, 2020 10:20am

89 Views

Post# 30534241

Positives perhaps!

WTI Technical:
Triple bottom in
Golden Cross- 50 day above 200 day
Falling wedge - May break out above 70
Net long increase and still room for more
Option traders in tight range from around 52 - 65. Right on the money for averaging
USD - 50 death cross. Should continue down.

Iran not done!
Phase 1 sign off but who knows how big that is.
Crude by rail to increase, perhaps bringing WCS up with it.

Bullboard Posts

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