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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

Comment by Tartar3on Mar 15, 2021 9:34pm
258 Views
Post# 32805017

RE:AM HERE FOR A MILLION $ NOT A 100 OR 1000$

RE:AM HERE FOR A MILLION $ NOT A 100 OR 1000$Why settle for $2, if it makes it to $2 and there will be a lot of consolidation between there and here, the road to $5 will be a lot easier just looking at the long term chart, and if oil prices stay elevated around $65 wti for the next year, but it'll take a lot of patience, take a look at the point & figure chart on stockcharts, big resistance at $1, and $2 but after that $5 is the next stop, only if oil prices remain elevated around these levels, much higher than that, who knows what it could do, just an observation, not a recommendation on my part
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