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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.


TSX:ATH - Post by User

Athabasca Oil Corp
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Post by smallcaptdron Sep 03, 2022 7:53pm
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Post# 34940428

Will OPEC Cut Oil Output On Labor Day? Gazprom keeps NG off

Will OPEC Cut Oil Output On Labor Day? Gazprom keeps NG offCould be an interesting start Tuesday if Gazprom doesn't restart their NG pipeline that feeds Europe so we could see NG prices spike higher if it remains off which will just add to Europe's crisis and we'll have to see how Oil trades Monday night after OPEC decision is made. All eyes will be on how Oil and NG start trading Sunday night across the pond up till Tuesday morning.  if Gazprom leaves NG off that's going to hurt Russia's revenues that are used for funding the war and their currency is prompted up by Russia's Oil and NG sales so it could also affect their Ruble. Will Crude production be manipulated to increase prices? and Russia's move to leave the pipeline off could see NG head towards $14 which was hit in 2005 and 2008. Lets trade!

Will OPEC Cut Oil Output On Labor Day? | OilPrice.com

Russia keeps pipeline shut as Gazprom, Siemens Energy wrangle By Reuters (investing.com)
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