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 bosstradeon Jan 22, 2020 7:56am

96 Views

Post# 30582026

Libya minus 1.2 mil bpd & prices drop, day of reckoning soon

Libya drop in production, opec smashing, decline in rigs us, increase in world demad, us china trade deal, Iraq unrest, Iran striking back. The day there is a decline in us production, there will be a day of reckoning. And a big one. Maybe sooner then you think if condensate is propping up us inventories.
Still think there will be a buyout here long before that

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