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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 Tartar3on Dec 06, 2021 9:39pm
255 Views
Post# 34204641

Seasonality

Seasonality While the oil price decline was much more than I would've predicted/guessed we are still in the seasonally weak period for oil(it usually last from October thru January) if we start higher now I can't wait to see how it does when we enter the strongest months of the year for oil(usually from February to September) the price of oil could surprise all on the upside just as it did on the downside, as for athabasca, the implications are obvious, btw the history I mention is data from the last 30 years, food for thought and glta
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