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 > WCS Feb 17 vs 5 YRS

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Comment by cahclickon Feb 17, 2021 10:56am

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Post# 32584268

RE:WCS Feb 17 vs 5 YRS

Yes, it's all about the price of oil.
My opinion is that as long as oil stays at or above current level that shorters will leave ATH alone as there is no fear of ATH covering debt payments or rolling over their financing. Having shorters out of the mix will only help share price.
I keep expecting a significant share price bump as ATH's tough days are in the rear view mirror now.
Maybe it will happen before March 3 ? Maybe March 3 will be the catalyst ?
GO ATH GO
glta