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 > oil over a $100

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Comment by Moneyloopon Jul 19, 2022 7:39am

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Post# 34833640

RE:oil over a $100

I have serious doubts on WTI going over ( 110$ + ) and maintaining that level for a period of months.We could get a spike @ 110$,but it will be short-leaved .
The dynamics have changed with the rate hikes and we will get a recession.
The question is ? ( a slight correction , average correction or a strong one ).....

I like ATH for a short-term play,but under the circumstances,I like HOD or HND as a long play.....

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