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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

Post by Greendayon Jan 20, 2021 3:32pm
146 Views
Post# 32335954

USMCA

USMCAUSMCA isn't worth the paper it's written on if Old Man Biden can unilaterally overrule it to suit his political agenda.  Why in the hell did Canada even bother entering into the USMCA when Old Man Biden can simply issue an executive order and kill a project like Keystone.  There's no point in even having laws and a regulatory process.  It's a waste of time of money.  Companies cann't operate with the Americans with all their political nonsense.  There's just too much political risk.

So what's going to happen with Keystone now?  Are they going to just leave it there and create an environmental nighmare?  Or are they going to start ripping it out of the ground?  And if they do start ripping it apart, who is going to pay for that?


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