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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Athabasca Oil Corp
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Post by smallcaptdron Apr 11, 2023 2:37pm
289 Views
Post# 35389029

Verdict is in for higher Oil....

Verdict is in for higher Oil....Watching Oil trade at 2:30pm is usually a tell tail sign on the outlook for Oil and I can't remember recently the last time the US held onto the day's gains without selling into it...put aside all the headlines all you really need to do is to read how Oil is trading. With Billion$ invested in $80 Oil those buyers will make sure that they have a payday. Oil technicals are now bullish! The writing is on the wall for $85 Oil

Crude oil - 2023 Data - 1983-2022 Historical - 2024 Forecast - Price - Quote - Chart (tradingeconomics.com)

Technical Analysis of CFDs on Crude Oil (WTI) (FX:USOIL) — TradingView
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Dealroom for high-potential pre-IPO opportunities