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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 Deutz9170on Aug 15, 2022 1:53pm
191 Views
Post# 34897047

High fuel prices???????

High fuel prices???????As summer draws to a close. With the highest fuel prices in any summers history, along with highest prices in consumer goods. This did not develop into the summer of doom as many predicted. In fact, record numbers are being reported at most summer destinations. RV sites were completly booked along with rental cabins. While fetching top dollar for the sites. Fairs and Exibtions are experiencing record attendance and revenue. Cinemas are reporting higher traffic. My friend who hauls campers from the factories in the USA has never been this busy in the 20 years since he's been doing this. The massive COVID relief packages that governments dished out, two years ago. Will eventually lose steam. But not in two 2.5 years. We are just letting things cool down a bit, by raising rates and jawboning a recession, for the last leg of the stimulus
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