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 Dec 07, 2022 2:36pm

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Post# 35157061

Looks like Oil will be trading in lower $70 this week

With the current condition forcing Oil lower is one thing but having the FED Rate Decision on Dec 14th is another so Oil could stay here I think that Oil will hit $70 and that would put these heads-up articles coming to pass. We've been in the $70+ for 3 weeks so this is more than a quick bump lower and wouldn't that be something having Oil hit $69 the same way Oil has traded when it was in the $80+ and its first dip into $70 this could happen but let's deal with these conditions first. Nothing is stopping Oil from doing this.

Biden won’t let oil prices drop below $67: Will gas prices go down? (grid.news)

White House Changes Plan To Refill SPR At $70 Per Barrel | OilPrice.com

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