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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 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.


TSX:ATH - Post by User

Post by MigraineCallon Apr 11, 2022 2:51am
464 Views
Post# 34592742

The future of the oil market

The future of the oil marketFor those not yet convinced, here are two parts of an interesting article and data by Zerohedge about the oil market, where we came from, where we are now, and what is in store for us in the near future on oil, scarcity, inflation, debt, marginal cost, supply, and demand.

Spoiler Alert: It is very bullish.

April 3, 2022 Part 1
https://www.zerohedge.com/energy/long-term-oil-prices-beginning-top-reflect-coming-oil-shortage-part-1

April 10,2022 Part 2
https://www.zerohedge.com/energy/long-term-oil-prices-beginning-reflect-coming-oil-shortage-part-2




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