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 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.

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Athabasca Oil Corp

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Post by smallcaptdron Apr 02, 2023 12:01pm

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Post# 35374580

Saudi Arabia, OPEC producers announce surprise output cuts

This should be interesting, bad news for the US. now the US will have higher-Interest Rates with higher-Inflation and higher-Energy costs to an economy living paycheck to paycheck. Are they doing this ahead of a crash to keep Oil prices higher or do they just want to stick a knife in the US Economy? Biden must be living..

Saudi Arabia, OPEC+ producers announce surprise oil output cuts | Reuters

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