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 Moneyloopon Jun 25, 2022 7:15pm

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Post# 34782599

ATH

Here is a line from a hold movie ( Cool Hand Luke ) !
* What we've got here is failure to communicate *

This is what it felt like,these past 2 trading weeks .I'm happy I sold my position
@ 3.20 $,but got back in @ 2.88 $....Times like these,would love to have a crystal ball.

Fundamentals haven't changed.This was all about ,recession talk and this tax holiday credit on oil companies that Biden wants to impose,just like the brits have done recently.

This was trading on emotions.And when that happens,it over shoots on wherever the moment is, ( up or down ).
The market always comes back to fundamentals eventually.....

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