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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 woodsmenon Sep 05, 2024 6:28pm
153 Views
Post# 36210789

BUYING TIME!!

BUYING TIME!!Oil Investments are unfortunately Stalled Out and so essentially the Oil Headlines are just BUYING TIME until the election.   There are only 41 trading days left until the election!, So since NOTHING MATTERS for Oil Prices to be Positive,  this is the only Logical excuse.  I still think something Big is in the works and is going to happen prior to the election like full scale IRAN WAR a couple weeks prior to the election......Oil has fell way to Far for nothing otherwise!!

Even the Die Hard Dummy Fans, er' I mean DEMMY Fans, have to be wondering what's going on with there Political Regime and Oil Prices... Although I suppose with the DOW JONES hanging in there at the top busting records every second week, it is probably still Unicorns and Rainbows In that camp!!
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