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 > Why is sp going down

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Comment by mlcb2525on Jun 04, 2021 12:01pm

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Post# 33330103

RE:Why is sp going down

ATH is not the only one that has shown weakness despite oil heading towards $70. Could be the weak US employment numbers. Despite the high conviction that oil prices could break $80 this has not been matched by an increase in positions in Cnd O&G's. My US plays have performed much better over the last month. The volume for ATH is low so it is possible retail is bailing and in the long-term retail is always wrong..............

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