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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 MigraineCallon Sep 23, 2021 1:14pm
87 Views
Post# 33908040

RE:This is huge for Canada and WTI oil. Suncor off line.

RE:This is huge for Canada and WTI oil. Suncor off line.Old news, but thanks.
The new news is that Suncor is buying out the other Syncrude partners to become sole owner.
Time to show the pushy Chinese the door everywhere until they free the 2 hostages, Michael Spavor and Michael Kovrig.

bosstrade wrote: Syncrude Canada Ltd., a light crude producer majority-owned by Suncor Energy Inc., cut September supplies due to a mechanical disruption at its oil sands site, according to a person familiar with the situation.  In a force majeure notice sent by one of Syncrude’s four owners earlier this month, customers were informed of a supply cut of as much as 20% in September, the person said, asking not to

Read more at: https://www.bloombergquint.com/markets/syncrude-oil-sands-supply-cut-adds-to-north-american-disruption
Copyright © BloombergQuint


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