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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 steve957on Dec 06, 2022 1:57pm
183 Views
Post# 35154011

seems like Saudi should step in and stabilize the market

seems like Saudi should step in and stabilize the market no reason for oil to be crashing, saudi should have cut 1 million barrels,,, SPR is empty, china is opening up, the energy situation is olny going to get tighter,,,,they talk about filling the SPR back up as their draining it lol  there is not enough production to meet demand so they had to use the SPR,,where will they get all that production in 2023,, they are already short the 4 million barrels a day from the SPR and 2 million abarrels a day saudi had cut from 2023 production,,,thats 6 million barrels a day less for 2023??? 
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