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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 lovehockeyon Jul 26, 2022 12:33pm
235 Views
Post# 34851304

113 mln barrels drained in 2022

113 mln barrels drained in 2022200 days into the year. Unprecedented SPR release,s never seen before.Makes it on average 4 million barrels a week.SPR levels are already at levels of 1985. In Jan 2023 we may see SPR drop to levels of 1983. Biden is absolutely insane. 200 dollar oil in Feb.
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