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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.


TSX:ATH - Post by User

Athabasca Oil Corp > Crude Oil Inventories
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•••
Comment by Duster340on Apr 12, 2023 12:27pm
64 Views
Post# 35390920

RE:RE:Crude Oil Inventories

RE:RE:Crude Oil Inventories
Quickdraw123 wrote:

You expect bigger builds after driving season is over ...... specifically during............typical build season??

I expect it to be cold in winter.......during winter.

 

adding some clarity................ bigger than normal builds after driving season..........untill super joe starts re-filling the SPR  at $60 per barrel maximum around late 2023 to early 2024.  oil will be cheap durng the recession. the question is how much upside for oil from here. this may be the peak, depends on how fast and how strong the recession begins to bite. oil has gone up $3 bucks in the last 2 days and ATH has not moved up. are investors worried about catching a potential falling knife? 

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