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

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Post by smallcaptdron Sep 14, 2022 9:10pm

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Post# 34963349

Russian Crude Ban Will Take 2.4 Million Bpd Off The Market

If this happens then Oil will head higher so this info is now out but will traders drive Oil up on this speculation? News articles are 50/50 50% say the recession will kill demand and 50% say that Oil could trade higher off of Russia's wildcard situations. Let's see who wins, Oil has to rise $12 to hit $100 or lose $9 to hit $80. Russia will lose a lot of money if its sales drop.

IEA: Russian Crude Ban Will Take 2.4 Million Bpd Off The Market | OilPrice.com

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