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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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.


TSX:ATH - Post by User

Post by andy604on Feb 05, 2024 12:26pm
206 Views
Post# 35863267

ATH

ATH Its a false low, we know oil is coming up to driving season in a couple of months, and we know the middle east will always have problems, Israel will never have peace until they give up land and give palistine their own country which will not create peace anyways, Hamas are terrorist to start. OPEC is tied up, they cannot afford to rise production, and finally will will ship oil overseas to hopefully even replace Russia for a stretch. I would never sell at these prices, i will wait for a buyout or $6+ 
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