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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 bosstradeon May 06, 2021 11:45am
139 Views
Post# 33140947

RE:$0.69-0.06 | -8.00%

RE:$0.69-0.06 | -8.00%WCS is discounted to over $13 today. Thats whats driving down the price. This is all reaction to Line 5 talk. US taking advantage of Canada land locked oil. 
Quebec doesn't use oil from pipeleines too dirty and too much risk. Better to buy from Saudi and float up st Lawrence or get via Michigan and be at their mercy.
Transmountain will resume building in the nesting area after 5 months. Because no bird takes that much time to nest and leave, but Canada/Alberta doesn't need the money and BC consumes no oil, so let's look really green to the rest of the world and set 5  months for nesting on any construction project, not just oil. This will be great for holidays. March till late August for all of Canada. Might effect agriculture machines as well, but we can import food or eat the birds at the end of summer. BC are also are giving up their transfer payments because they don't require anymore. Self suffient on finances and use no oil, wood burning, coal, propane and build Eco solar panels and turbines that require no oil. Best place in the world to live.
The time for incubation varies widely from species to species. Roughly speaking, small songbirds take between 10 days and 2 weeks to hatch and the same amount to fledge. Larger birds such as woodpeckers may take 3 weeks to a month to fledge. Many ducks, shorebirds and gamebirds leave the nest immediately after hatching. 
Don't take this the wrong way. Invest in our marajuana industry. Not doing great yet, but it seems like the whole country must be smokin something or they can see were in big trouble financially. Do be advised that burning smoke from weed is bad for the environment. Only edibles
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