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.

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Athabasca Oil Corp

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Post by retiredcfon Jun 17, 2021 7:37am

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Post# 33400679

Rising Oil Prices

We will see higher crude oil prices as production continues to drop: Market strategist

Bill O'Grady, chief market strategist of Confluence Investment Management, breaks down the latest oil inventory data. He says that crude oil prices will need either U.S. dollar weakness or more rapid declines in inventory in order for the rally to continue.

https://www.bnnbloomberg.ca/video/we-will-see-higher-crude-oil-prices-as-production-continues-to-drop-market-strategist~2223362

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Canadian government to fund Electric Royalties portfolio property