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 > For daytraders

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Post by smallcaptdron Jul 22, 2022 10:49am

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Post# 34843034

For daytraders

If you like spreads and volume play HND and if you ever get stuck holding shares by Sept the shares will be tripled as NG will head lower plus the US Energy Information and Administration predict lower NG prices and when they say "average" that means that it will be lower than predicted prices. Right now NG is $8.20 so there's a lot of room to make a lot of cash if you buy and hold as I do. JMHO (always DD)

We expect the Henry Hub spot price will "average" $5.97/MMBtu in 2H22 and "average" $4.76/MMBtu in 2023.

https://www.eia.gov/outlooks/steo/pdf/steo_full.pdf

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