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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 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 > When does eric
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Comment by Dibah420on Jun 15, 2023 11:57am
102 Views
Post# 35498199

RE:When does eric

RE:When does eric
Duster340 wrote: start dumping shares. is he still hoping for a little higher prices? just a matter of time, in my opinion he eventually will get out of the oil sector. the future is not good for this sector and is in slow decline from here. my guess he will not tell you guys that the IEA is right, and will not announce when he starts to sell-off   
glta


Forget Eric.  Look at what Shell, BP, TOTAL  are doing.

https://www.euronews.com/green/2023/06/15/shell-joins-bp-and-total-in-u-turning-on-climate-pledges-to-reward-shareholders
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