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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

Comment by 2021Gambleon Jan 12, 2023 6:56am
194 Views
Post# 35217640

RE:US need some better idiots to estimate the inventories….

RE:US need some better idiots to estimate the inventories….I haven't seen any mention of the massive refinery drop versus capacity this week.

Refineries operated at 84.1% of their operable capacity last week.


This is down 10% from the week before.

refineries drawing that much less... And this is the result in overall crude....but wait for the opposite draw on stocks next week




Paray99 wrote: US inventories up by 19M barrels, while experts estimated almost 1M drop. Not bad... that is just 20M barrels difference. Thanks to the experts who estimated the US inventories accurate to one-fifth of the total daily world consumption. You can't find any better idiots in the street guys! 


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