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 > 10 millions more barrel to be release from the SPR

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Comment by ManitobaCanuckon Oct 06, 2022 5:58pm

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Post# 35010829

RE:RE:RE:10 millions more barrel to be release from the SPR

I think it will be Iran or Iraq .Lots of protests in Iran recently .

cosinus180 wrote: What good is a reserve if it's empty! Like my old Kawasaki Ltd I could run my tank empty knowing I had a reserve valve. Thing is, I was only good for 50 km before I had to fill up or get stranded....same will happen with the SPR... supply and demand or invade a country to meet demand!

Paray99 wrote: Remember, 10M barrels is good for only 10 days. What is after?
Biden screwed up Americans already. They will give more pain to the middle class now as eventually gas price will shoot to $12 a gallon! High interest rates on debt, No proper supplies, etc. etc.
Also, Biden has to fill up his strategic reserve soon...