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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 WONDER1STOCKon Nov 22, 2022 8:21pm
238 Views
Post# 35120461

ATH 100 year oil Reserves !!!!!

ATH 100 year oil Reserves !!!!!I think we will see ATH about 3.00 plus but its hard to judge with Russia getting blocked and China cutting back due to covid. The U.S. dose have to replenish their supply as well so they will have to buy millions of barrels. Then its the Saudis who say they will cut supply if need be. The winter will increase demand as well so all looks good. The big thing with ATH is its cheap share price and its possibility of being taken out. All of the above is true but each has to decide for themselves as look at yesterday the oil drop came out from left field for no reason
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