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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 lovehockeyon Dec 02, 2021 1:00pm
193 Views
Post# 34190851

They won't be able to hold prices down for long

They won't be able to hold prices down for longMay be another 2 weeks. As soon as "new covid strain BS" wears off and cold weather comes to NA WTI will be back in higher $70's and ATH will be trading above $1.40. Be patient as there is nothing changing fundamentally with O & G and a lot of countries have super low numbers on Covid (like Japan and Sweden for example)
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