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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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.


TSX:ATH - Post by User

Post by smallcaptdron Feb 01, 2023 3:29pm
230 Views
Post# 35260423

Tomorrow

TomorrowNothing in the way of data hitting the market tomorrow but Friday US Unemployment Rate and Non-Farm Payrolls are at 8:30am be ready, Next week Oil will be able to figure out where it's heading because next week there's really nothing that could rattle the market after passing OPEC and the FED who both kept things the same avoiding shocking the Oil market until surplus came back with 6 weeks of surplus and this was with everything running right in the US as far as refineries so this surplus is a true measurement of US activity slowing. So far Oil has been able to push higher after every heavy sell-off so hopefully, it reverses before the week's end and we start to bounce higher from here. We still need to get through Friday so if Oil stays lower it could be temporary until Fri morning the last hurdle for this week. With next week having data freedom maybe the focus will return to China. Till tomorr
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