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 > ATH .70 Moving down with weakness

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Comment by mlcb2525on May 25, 2021 10:46am

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Post# 33259562

RE:ATH .70 Moving down with weakness

Well, I guess not everyone shares the veiwpoint that oil will get into the $70's. Volume is low so it may be weak retail with no conviction regarding the oil story, locking in some pretty good returns on ATH. I take comfort in the fact that retail is always wrong and will hold on for the great returns as I believe oil will at least, break into the $70's. I am assuming the smart money is taking advantage of this and accumulating ATH as a great opportunity based on sucessful refinancing and continued increase in oil prices...

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