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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Comment by JrOGInvestoron Nov 08, 2022 8:05am
183 Views
Post# 35081285

RE:Rally Forthcoming

RE:Rally Forthcoming I watched that as well, however his outlook for sectors that did well during this 'recession' such as financial institutions, energy do not continue that performance coming out of it. "this time is different', I can't remember a time when the US / Can administrations were short sightened on the global demand for oil and gas thinking everyone was going to ditch fossel fuels just because they said it was a good idea. I doubt the volatility is going to end anytime soon.
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