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

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Comment by kingshaneon Feb 21, 2020 10:12am

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Post# 30717327

RE:RE:RE:RE:RE:RE:RE:RE:RE:House 053 Morgan Stanley

Hard to say. We could see oil head to the low $40 before things go the other way again. I'm feeling it may happen unfortunately and who knows where this could go. Low .30's or even .20's. Then what do you? Buy back some shares or not be able to since they will have to use the money just to keep the lights on. virus worsening plus no joint OPEC Russia cut will be the catalyst for sure. Virus seems to be getting worse. Need to find a cure I believe to actually stop the whole world from getting it. Probably will be the worst ever in history it looks like. Latest oil number's very bearish again. Things are not looking good.

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