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 > ATH can revisit low to mid 3.00 range at 68-69 Oil

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Post by DukesMtlon Jan 08, 2024 10:19am

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Post# 35815523

ATH can revisit low to mid 3.00 range at 68-69 Oil

You've been warned!

Fingers crossed WTI will hold above 70.00 but should we see 60's again, the bottom of the bag will fall out for ATH.

No confirmation yet on regulatory approval of the TMX pipeline and any day now we could get news of further delays. That would also rock the boat!

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