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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 AlwaysLong683on May 03, 2023 11:52am
84 Views
Post# 35427676

RE:RE:Saudi Arabia needs pricier oil.

RE:RE:Saudi Arabia needs pricier oil.Of course Russia is selling as much oil and gas as it can - it's the only big cash cow it has as it has many sactions placed on it by numerous countries on other goods. How else do you think they're going to generate revenue...? And I suspect they won't be the only one as other countries have exceeded their quotas in the past as well.

OPEC Countries:
Algeria
Angola
Congo
Equatorial Guinea
Gabon
Iran
Iraq
Kuwait
Libya
Nigeria
Saudi Arabia
United Arab Emirates
Venezuela
 
OPEC+ adds:
Azerbaijan
Bahrain
Brunei
Kazakhstan
Malaysia 
Mexico
Oman
Russia
South Sudan 
Sudan

Lots of oil out there world-wide. The price depends on the combined exports of all oil-producing nations.


 
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