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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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.


TSX:ATH - Post by User

Post by bosstradeon Jul 08, 2021 8:46am
366 Views
Post# 33510981

Well was I wrong about never below $1 after OPEC meeting

Well was I wrong about never below $1 after OPEC meeting So OPEC doesn't come to agreement which means less barrels on market. Or they come to agreement for less the analysts like which is bullish. Good either way.
Wrong. Because of a spat (which I believe is a premeditated spat to keep shale on their toes). 
Now another huge draw, which is not good for oil prices. Haaaaaaaa. I can see why I was wrong now. The good thing is, based on my other guesses we have no idea. The shenanagans will continue in oil to keep turmoil. In the meantime ill keep buying on dips. Sooner or later they will correct. Oil is a game and no sound business fundamentals apply but the upside is huge and keeps us in it.
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