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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

Comment by Renofundon Feb 23, 2021 9:47pm
140 Views
Post# 32643870

RE:Sketchy API numbers

RE:Sketchy API numbers
lovehockey wrote: There were two attempts to bring the oil price down in the last several days, both worked only for a little bit of time. I have a very hard time believing these numbers. I am sensing US, the oil addict is very afraid of oil prices continuing to climb. Every available tool will be used to bring it down.

Crude: +1.026MM Gasoline: +0.066MM Distillate: -4.489MM Cushing: +2.783MM

API is a survey and are always lumpy.  Tomorrow's numbers are the ones that matter.  That said, with the weather last week, expect a build.  Next week numbers should start to normalize.  Not everything is a conspiricy 
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