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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Athabasca Oil Corp

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Post by smallcaptdron Jul 27, 2022 5:18pm

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Post# 34855125

9 new Oil fields in Gulf of Mexico to start 2022

Also growing liquid fuel production in Brazil, Canada, and China through 2023 so there's going to be more production of Oil and Gas combined with a slowing global economy adds up to lower Oil and NG prices.

9 new Oil Fields Gulf of Mexico

https://www.eia.gov/todayinenergy/detail.php?id=52819#

Growing Oil and NG production in Brazil, Canada ,and China

https://www.eia.gov/todayinenergy/detail.php?id=52799

Crude and NG Drilling Rig activity, there's a lot of wells coming online.

https://www.eia.gov/dnav/pet/pet_crd_drill_s1_m.htm

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Advancing flagship Ishkõday Gold Project in Ontario