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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 Buzzardsbreathon Mar 14, 2022 3:17pm
184 Views
Post# 34512718

RE:RE:Oil down another 5% so far....

RE:RE:Oil down another 5% so far...."rigged" no.
Variable due to market sentiment in a dynamic environment-yes.
You add to that a growing oil shortage brought on by the "Greenwash" that's out there with no plan to make up for ESG overlap for the invocation of those systems and the lack of oil investment-that's why. People think you just trow a switch and bingo-bango we're green-forget it.
It'll take generations. So in the meantime-relax-wait it out and go for the ride.....up.
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