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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.

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Athabasca Oil Corp > Weather Forcast For Next Week

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Comment by Maxmoeon Nov 10, 2021 12:33am

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Post# 34108174

RE:Weather Forcast For Next Week

USA thanksgiving is going to burn huge gasoline numbers. Thanksgiving is #1 travel event in USA. Forecast is travel will be back to precovid , 2019, levels with a higher % in cars vs planes compared to 2019 because of hassles of flying and jacked up airfares. Not to mention the unvaccinated trumptards aren't allowed on planes or trains. But they love turkey. They ain't driving Tesla's and carollas. More like suburban and other land yachts that burn burn burn baby !