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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 bosstradeon May 19, 2021 7:34am
229 Views
Post# 33228414

Headlines: Iran to sell its first oil since sanctions! Haaaa

Headlines: Iran to sell its first oil since sanctions! HaaaaIran has been selling all its oil before and during santions. Now it will get world prices for being an honourable country like Saudi, Iraq, Syria, Russia, China, Columbia etc. But what about the climate if you allow them to pump more oil????? Surely the greens and indigineous world wide will protest this???? Nope, not at all. Only Canadian oil burns dirty. All the countries oil comes out of cars and facotories pure oxygen. The world needs cheap energy and there is not enough oil. 
We are at the cross hairs and the big economies know it. The old games of keeping oil low with Iran deal, special reserves release, pipeline, efc are almost over. I have played oil for a very long time and this is the first time, I truely belive after the short term flurries of the world trying to drive oil low, that we will see $200 + oil. Its going to be crazy and indont want it really. But no new investment and the need to be green now, the gap is going to be a crazy ride in my opinion.
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