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 > Lower Oil tomorrow

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Comment by Paray99on Dec 15, 2022 4:19pm

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Post# 35174269

RE:Lower Oil tomorrow

smallcaptdr wrote: China, the main reason for the Oil rally, has become unreliable with their outlook, so what will drive Oil tomorrow? Going by today the bullishness has left. I can't see Oil rallying tomorrow otherwise it would have been higher today.

There is a reason why oil couldn't finish green today. When the entire stock market goes down, it is very hard for any commodity to go up. Especially,s&p, NASDAQ, Dow and Tsx were all big time low.... Still, WCS and Natural gas rose big. What else you want here? I am very positive on oil & gas for the next couple of years.

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