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Bullboard - Stock Discussion Forum 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... see more

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TSX:ATH - Post Discussion

Athabasca Oil Corp > Further TMX delays

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Post by Lousnews on Jan 29, 2024 4:03pm

Further TMX delays

During the pipeline pullback activity for the Mountain 3 Horizontal Directional Drill (HDD) between January 25 and 27, 2024, Trans Mountain encountered technical issues which will result in additional time to determine the safest and most prudent actions for minimizing further delay.

Trans Mountain is fully focused on the completion of the pipeline and will not be providing interviews at this time as it works towards the anticipated in-service date in the second quarter of 2024.

Explains some of why Canadian Oil companies down today.

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