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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 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

Post by smallcaptdron May 28, 2023 11:45am
304 Views
Post# 35467836

China's Oil Demand Hits Another New High

China's Oil Demand Hits Another New HighOnce the Debt Ceiling talks are over and the FED makes a final decision on how to deal with the next Rate Hike the shackles around Oils ankles will be removed and Oil will run higher as bullish drivers start showing their force so hang in there because CPG, BTE, and ATH futures are heading for payday.

China's Oil Demand Hits Another New High | Energy Intelligence
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