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 > Powell used the R word

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Comment by riskynoobon Sep 23, 2022 11:08am

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Post# 34981831

RE:Powell used the R word

fear dominating the news. ath fundamentals remains the same, analysts mean target still stays at $3.30, and the other side of the coin that media is not seriously considering - supply issues, that is, 1mbpd from SPR will end soon and 2.5mbpd seaborne oil from russia will be taken off the market (dec-jan). thats a total 3.5 MBPD taken off the oil market by early january. as long as russia-ukraine smo/war is going - hold.

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