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 smallcaptdron Jul 27, 2022 10:09am

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Post# 34853494

From the way that Oil is trading..

Everyone has come to grips that the FED's will be doing a .75% increase today and the way that Oil is trading up there might not be a sell-off but traders are still cautious that the FED could do a 1% increase but the odds on that happening are 20% or less and once the FED's announce that .75% is a fact Oil could trade higher. These were also just released, but Oil is firmly at $95 could be a positive day, and if Oil trades higher, let's hope it's up tomorrow. GLTA JMHO (always DD)

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United States Durable Goods Orders Ex Transportation