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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 red2000on Sep 19, 2021 9:14am
179 Views
Post# 33884263

RE:Could be perfect storm for ATH in coming weeks.

RE:Could be perfect storm for ATH in coming weeks.About line 3 project :

https://www.enbridge.com/projects-and-infrastructure/public-awareness/line-3-replacement-us

https://www.jwnenergy.com/article/2021/8/16/enbridges-line-3-could-start-shipping-next-month/

Enbridge Inc.’s Line 3 oil pipeline from Alberta to Wisconsin could start operating as soon as Sept. 15, bringing relief to Canadian oilsands producers who have had limited access to export pipelines. The new 760,0000 barrel-a-day conduit that replaces an older one with less capacity is as little as 30 to 60 days from completion, according to a notice sent to shippers.

Enbridge objectives for this project was security and environment !!

Anyone know if it's in operation right now !?





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