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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 Re1ndeer2on Mar 29, 2023 1:24pm
145 Views
Post# 35367311

RE:Inventory Draws

RE:Inventory Drawshttps://seekingalpha.com/article/4578704-for-oil-bulls-its-all-about-surviving-q1.....       My takeaway is comparing today 2023 with the Red line(5 year average).....This is shoulder season, meaning we are supposed to build.....Things are a bit different now, and we are building less inventory, and once China gets in gear, things get interesting.....Cole Smead on BNN was very bulish yesterday...
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