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 > Early sign that SPR release capabilities are depleting

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Post by lovehockeyon Aug 01, 2022 12:36pm

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Post# 34864152

Early sign that SPR release capabilities are depleting

https://twitter.com/JavierBlas/status/1554141894493589505?t=3_QWMUC-AiQdKmku7IBc2Q&s=19 OIL MARKET: US released 4.6m barrels from the SPR last week (~660,000 b/d), the smallest weekly release since late April. All the barrels released were sour. Crucially (for the first time ever?) there are more sweet barrels left inside the SPR than sour: 235m vs 234.9m | #OOTT https://t.co/qSdhXXc8Jk

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