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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 Paray99on Dec 02, 2022 6:49pm
262 Views
Post# 35147928

Not bad and wait for more production cut from OPEC.

Not bad and wait for more production cut from OPEC.Oil was supposed to move much up today, but there is fear in the markets, or many had already invested and waiting. There is not much option, but Opec might show their power this time. Europe's cap doesn't mean anything and oil will go up from here. Other day, Total declared that they will not invest anymore in the North Sea. Things are not that favourable for politicians scams or dictatorship. 
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