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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

Bullboard Posts
Comment by vindaloo_u2on Sep 10, 2017 11:47am
174 Views
Post# 26677041

RE:I think...

RE:I think...The US has been successfully suppressing oil price for whatever reason.....bringing certain producers to their knees, keeping their consumers fat & happy with cheap fuel?. As soon as Harvey hit, the US media declared it bad for oil (No knowledge of oil field damage extent)...first time I've ever heard that knocking out oil production and destroying things which need oil to be produced is a negative. Same with irma....people using generators instead of electricity is now very bearish for oil. Mass exodus on congested highways means less gas consumed...ath will bounce once this b.s. campaign has ended.
Bullboard Posts