Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(111)
•••
Post by smallcaptdron Apr 10, 2023 9:24pm
281 Views
Post# 35387711

OPEC vs Global Recession = $79 Oil

OPEC vs Global Recession = $79 OilAfter 5 days off and I never missed a thing. Just looked at Oil and it looks like overseas dumped at 8am recovering in time for the US to have their turn at trading below $80. California Oil Field looks like it'll be back up and running adding a few thousand barrels to the party and from what I have just been reading remember that Recession Trumps all when it comes to Oil. Wed 8:30am the US releases Inflation Rate, Core Inflation, and FOMC Minutes at 2pm, so we'll see what happens. The market has been trying to keep Oil at $80 with headwinds building and until Oil breaks through $83 it's just more of the same. See what the US has in store for Oil prices tomorrow because they haven't jumped on board yet with OPEC sticking it to the US

California Field Production of Crude Oil (Thousand Barrels per Day) (eia.gov)
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities