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 > Credit Card balances jumped highest in over 20yrs

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Post by smallcaptdron Aug 05, 2022 5:58pm

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Post# 34875395

Credit Card balances jumped highest in over 20yrs

Here I just did a search to back up my claims and this was just out on Aug 2nd...Credit Card Balances jump 13% the highest leap in over 20yrs as inflation outpaces wage growth. This confirms my belief that people are using credit cards as an income. Oil and NG will be the first to be sold off in a recession and recession trumps tightness or anything else!

https://www.cnbc.com/2022/08/02/credit-card-balances-jump-13percent-as-inflation-outpaces-wage-growth.html

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