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 > Pemex, Libya, hurricane. Oil prices will rise at some point

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Post by bosstradeon Aug 29, 2021 11:38pm

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Post# 33780410

Pemex, Libya, hurricane. Oil prices will rise at some point

Pemex fire, minus 400 k and still not fully reinstated. Libya lowers output because of funding. And osome 90+% of gulf oil off line. A bonus is Shells rig floating off into the sunset.

It will comical if traders can keep it down. Covid can put the fear in traders but with continued draws, it will be only a matter of time until it rises.

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Rig Count Soars as Utilization Surpasses Industry Averages