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 Mar 21, 2023 1:44pm

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Post# 35351708

The next 24hrs for Oil

2pm tomorrow the FED Decision will finally be confirmed, also tonight US API Crude Oil Stock which will be watched after global confirmation that the world presently is Oil saturated then tomorrow up first is EIA 10:30am FED 2pm expect volitility and so far the US has supported overseas gains. I'm very cautiously optimistic but Oil is still under pressure and NR lately have held the market in a negative outlook changing target prices for Oil with Recession all but gaurenteed the only question is how deep will it be. Mar hasnt been Oil friendly but that can change.

US API (last reading)
United States API Crude Oil Stock Change