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 > Shorts will dump, huge buying opportunity again before BNN

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Post by bosstradeon May 28, 2021 5:51am

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Post# 33284411

Shorts will dump, huge buying opportunity again before BNN

As I mentioned yesterday, market waiting for stability in direction of oil. That happened yesterday. Shorts will dump, so huge buying opportunity again before BNN market call which will boost the price.
WTI Oil is clearly heading to $70. ATH will have massive cash flow 3rd and fourth quarter just by hedging at todays prices. The uptake now will ge thevsame as 2018.

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