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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 Tartar3on Nov 01, 2021 5:25am
370 Views
Post# 34071846

Bears

Bears The bears are throwing everything they can at the oil market and it still remains strong, China gasoline reserves, Iranian talks resume, Biden calls for producers to increase supplies, etc and the market goes up or holds steady, very good sign for 2022, gives ath at least another year to un wind debt and repair balance sheet, good news for all holders, btw if China releases reserves don't they have to restock at some point and at higher prices?
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