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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 WONDER1STOCKon Aug 03, 2022 8:13am
157 Views
Post# 34867529

ATH 100 year oil Reserves !!!!!

ATH 100 year oil Reserves !!!!!If OPEC only has 100,000 barrels of oil to add to supply we may see an uptic in oil price today as this amount will be very insignificant and bullish for oil supply /increase pricing. All looks good for ATH as we move along. If next Qt. is as good as the last 2 then in Oct. ATH will pay a lot of debt and as debt falls then their profits will soar along with share price glta.
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