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

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Post by retiredcfon Jun 22, 2021 7:29am

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Post# 33425833

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Can you imagine how much cash we will be raking in at US$80.00? GLTA

Scott Bauer, CEO of Prosper Trading Academy, joins BNN Bloomberg for his outlook on the commodity market. Bauer states supply constraints will continue to push oil prices higher in the short-term but does not see WTI breaking above $80 USD. Bauer also states he is a buyer of copper on pullbacks and predicts the base-metal could reach the $4.40-4.50 range in the next few months.

https://www.bnnbloomberg.ca/video/i-don-t-see-wti-pushing-much-higher-than-80-usd-commodity-trader~2226539

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