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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Post by Duxingon Nov 14, 2017 8:40pm

77 Views

Post# 26964345

VLCC tanker movement may tell the truth of how much

Oil US exported last week:

Our analysis of AIS movements data, shows that, at the end of October, there were 16 vessels in the US Gulf (including 10 vessels offshore Houston) compared with just six in mid-August. A similar analysis for the Suezmax sector reveals 23 vessels at the end of October compared with just 11 in mid-August.

see link: https://www.tankershipping.com/news/view,surge-in-us-crude-oil-exports-pulls-in-vlccs-and-suezmaxes_49860.htm

each VLCC carries 2m barrels of crude and heads to AsIa.

never trust API numbers!

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