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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 smallcaptdron Jan 24, 2023 6:12pm
161 Views
Post# 35243579

US to Boost Pressure on China to Stop Importing Iran Oil,

US to Boost Pressure on China to Stop Importing Iran Oil,Iran is a real concern as they are flooding China with cheap Oil and there's so much going on right now with concerns over Russia cutting supply but Oil is being pumped into the market from other sources that China's demand might not affect our Oil demand as suggested. Just another thing to keep an eye on as it works negatively towards Oil plus Russia is selling $40 premium Oil so they're not making the Oil industry feel that Oil is very precious by not holding on to it tight. 



US Says It Will Press China to Stop Buying Iranian Oil - Bloomberg

Iran’s Oil Exports Are Surging and Much of the Crude Is Going to China - Bloomberg

Russia’s Flagship Oil Is Trading at Half Global Prices With Tiny Pool of Buyers - Bloomberg
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