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 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.

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Post by smallcaptdron Jun 30, 2022 8:04pm

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Post# 34795406

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Brent is down almost $7 trading near the price of Crude. Wow! I wonder if this has to do with Russia selling there premium Oil $35 cheaper. Now I wonder if Crude will drop more too? so far Crude is at $106. Interesting times indeed. One great thing is if Crude does drop more tonight or tomorrow ATH SP is frozen in time till Monday and maybe Monday the price of Oil will recover. Can only hope for that. JMHO (always DD)

https://tradingeconomics.com/commodity/crude-oil

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