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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

Comment by MLEWICKIMBAon Jul 30, 2022 7:18pm
140 Views
Post# 34862625

RE:Using crayons

RE:Using crayonsIf more production comes online it will be eaten by the ever increasing demand due to people living their lives. You are suggesting a collapse it seems. 5 bucks 10 bucks is fine. China will be back buying on any dip. Opec which is 30% of the worlds output needs 100 dollar oil for their projects and people and Russia wants that too. The mentality has changed in the O&G sector. No more dille baby dille. Harold Hamm said the other day no production growth. Ath only needs 85 WTI to pay us after they reach a few goals in 150 days. You think in September oil price down - SPR ending. Higher until 2035. Good luck.
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