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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

Post by cahclickon Feb 04, 2021 10:12am
235 Views
Post# 32469506

Today’s Open

Today’s Open

 

Well that was exciting !

Continued upward pressure all boils down to one thing. Oil.
ATH has reduced its expenses to bare bones and making good money at current prices. If oil continues upward trend, ATH will too. Look at the impact of a Buy order this morning of 1.5 million shares. Just a half million dollars pushed ATH shares over 10% at the open.
Me, I can't wait for the herd to start piling in.

go ATH go

glta

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