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 > Oil over $71

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Comment by Chris007on Jun 11, 2021 11:30am

137 Views

Post# 33372312

RE:Oil over $71

That would be the assumption...in reality, who knows, I guess some funds might, some funds might not, depending on their views about the sector and whether they have an ESG mandate.

It also doesn't help that the vast majority of the small-midcap energy names have basically been removed from all indexes due to the continued beatings they have taken to their share prices/market cap, since oil tanked big in 2014.