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 > Technical Analysis

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Post by retiredcfon Jun 27, 2023 6:25am

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Post# 35515713

Technical Analysis

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Athabasca Oil Corp(ATH-T)

26/06/2023

It is in an uptrend with technical support around the current level. It is down a bit right now but don't hold if it takes out the low of about $2.50. In the recent quarter it declared a loss of $57 million but had positive operating income of $57 million.

Oil / Gas

Keith Richards

$2.690

Unknown

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