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 OGInvest0ron Nov 16, 2023 8:13am

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Post# 35738621

Where are oil prices going?

We have the paper market clearly in control now and almost all movement based on weekly US data. We have a US President who is hellbent on 70 oil for re-election hopes. If oil stays around 70-75 for the foreseeable future can Ath still continue to move past 4 bucks? I bought a lot more Ath when it appeared that we were headed to 90 oil just a few short weeks ago. How sentiment has changed! Enough to give traders whiplash.

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