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

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Post by smallcaptdron Feb 02, 2023 12:52pm

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Post# 35262654

Whats moving in the US

I was just checking on what's being hauled in the US you can choose any Port and see how shipments are dropping month over month. Just pick Detroit Port and compare container trucks and trains are decreasing at a solid rate with Dec really down. This doesn't bold well for the US economy plus as small as it is the cutback on container shipments reduces Oil demand, just another symptom of the economy deteriorating.

Workbook: Border Crossing Data (dot.gov)

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