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.

TSX:ATH - Post by User

Athabasca Oil Corp > Bitcoin will de-couple oil from the dollar

<< Previous

Bullboard Posts

Next >>

Post by lovehockeyon Jan 06, 2021 3:08pm

216 Views

Post# 32234970

Bitcoin will de-couple oil from the dollar

You guys all should be paying attention to what is happening with crypto currencies. Oil was de-valued by US manipulation for so long with the help of socialized Shale Oil Industry that this is already happening. Energy companies around the world are starting to choose mining cryptos with their own energy instead of selling it for the US dollar. This will change energy sector in a huge way within the next several years.