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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

Post by Duster340on May 12, 2023 9:13am
128 Views
Post# 35445066

No one knows for sure how much russian

No one knows for sure how much russian oil is being produced, other than it is a lot more than what is reported. there are atleast 2 old un insured mystery ships "catalina 7 and amber 6" that transports russian oil. these 2 ships alone are transfering 736,000 barrels of oil. there is a new network of these old vessels that are deemed unsafe shiping from russian ports. shiping has jumped 20% so far this year, just seen this on BNN this morning 
that would explain the sinking oil price. i wonder why eric never mentioned this yestrday?  hmmm
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