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 > My expectations for WTI and ATH - medium term

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Comment by lovehockeyon Feb 24, 2021 5:25pm

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Post# 32653456

RE:RE:RE:RE:RE:My expectations for WTI and ATH - medium term

I do not believe in $4 in medium term. The reason for it is the US that absolutely can't afford having $100 for a long time. People on social support in the US without cheap gasoline will start a revolution. There will be some new mechanisms applied to keep the oil prices down. Last resort they can print money and send it to Saudis to open the taps again. I do believe in a oil price spike, however not for long. $4 would have been a dream come true....

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