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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 Moneyloopon Mar 21, 2022 6:13pm
269 Views
Post# 34532801

Russia Doesn't Plan To Raise Gas Deliveries To Europe

Russia Doesn't Plan To Raise Gas Deliveries To Europe

Gazprom has not booked any space for April on the Yamal-Europe gas pipeline link to Germany, according to monthly auction results, which suggest that Russia does not intend to raise its natural gas supply to Europe.

No extra capacity, compared to the current volumes of gas transit, has been offered on the gas transit volumes through Ukraine, either, according to the outcome of the monthly auctions reported by Bloomberg on Monday.

The volume of flows of natural gas from Russia to Europe is anyone's guess after Vladimir Putin invaded Ukraine. Europe—unlike the United States—cannot afford to go completely without Russian gas.

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