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 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.

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Athabasca Oil Corp

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Post by smallcaptdron Dec 29, 2022 1:14pm

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Post# 35195548

Keystone still not fully flowing

I'm wondering what's taking so long as we are into Keystone being down now for a month and that's not helping ATH I can't wait to see Q4. I don't know if it's because ATH is in Oil Sands or the SP but volume has been losing investors since Sept. You can see the massive jump in SP which I find unwarranted for a couple of reasons but you're well aware of what you're getting. I'll trade it but there's no going long.