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.

TSX:ATH - Post by User

Athabasca Oil Corp > $77 Oil

<< Previous

Bullboard Posts

Next >>

Post by smallcaptdron Dec 29, 2022 2:04pm

225 Views

Post# 35195653

$77 Oil

I posted that China is covering up data concerning COVID cases and this is the start of a broader coverup so here is the link I didn't attach. This is the cause of Oil being sold off and there's no way that China can fix this because their ideas are the cause of COVID spreading and affecting airports now this is a pandemic in China and with 1.5Bil people living close together are tinder wood for the fire so I can't see Oil rising unless there's a catastrophe in the Oil market. Plus overseas sold off Oil down to $76 so this negative atmosphere is worldwide.

Recent