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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Comment by 99999goldon Jan 28, 2015 3:59pm

69 Views

Post# 23373981

RE:RE:RE:RE:RE:RE:RE:RE:Can you smell the trend?

bigbird456 wrote:
dude. Bhp lost 2.4 billion this quarter compared too last . As they announced they well shut down 40% of thier rigs in the us. Suncor going too cut production. Cenvous. Excon 3.6 billion lost shutting down 30% of thier rigs. The list well go on and on end of January tell end of feb. Then u well see a big spike in oil . As everyone new the us well have more oil in thier inventory actually 4 million lest a forcast. The reason y they got 8.9 millon more barrles was from wells already in production or wells that was already 80% completed and finished off. As in the coming months u well see a big drop in production. There is already 400 rigs stopped as every week more r more r doing the same. After today there well be nothing but good news. As almost every oil company well be at a lost and cutting production. U can count on that. But anyaws got back in at 1.94 1.95 1.96 1.97. 1.98. So like I said thanks guys

K

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