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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

Comment by vindaloo_u2on Feb 27, 2024 8:32am
219 Views
Post# 35900983

RE:RE:RE:ATH 2023 Year End Results

RE:RE:RE:ATH 2023 Year End Results
Here are some interesting figures relating to oil prices and supposed middle east premiums.

Since 2006:
avg US salaries have risen by 60%
avg US house prices have risen by 70%
gold has risen by 300%
US national debt has increased by over 400%
Price of oil has not increased

Since the day before the 1st trading day of latest israel/palestine conflict broke out, oil has dropped by 7%



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