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

Bullboard Posts

Comment by Duxingon Sep 05, 2017 12:30pm

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Post# 26656933

RE:WTI burning down the house this morning...

A rational investor knows inventory buildup by harvey is temporary and it will drop once refineries speed up production to fill the overdrawn product inventory. A storm like harvey should have pushed crude price up not opposite as it created permanent loss of crude supply and temporary oil inventory buildup!

EstevanOutsider wrote:

So we were warned of looming inventory build but it seems that oil traders are not seeing that this morning. Crazy Jong Un? Hurricane Imra? Strong demand? Shortage? Whats really going on. In any case, Texan production has been hampered- both refining capabilities and a significant number of their production in Eagle Ford.

Anyways, hoping that oil stocks follow WTI this morning. Yeehah.