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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 MLEWICKIMBAon Jun 26, 2023 6:00pm
183 Views
Post# 35515282

RE:RE:SPR Release 2023

RE:RE:SPR Release 2023The caverns were effected that is why they have to do maintenance.  Pretty soon less than 15 days of oil consumption.

I expect restocking soon. Also no sour / heavy barrels left.  Good for WCS. Once they do their maintenance 50m Barrels are being bought.

If not a major refill big oil will reduce bpd production. If oil inventory not important why produce.

Big oil has already told the Whitehouse you are risking USA security and the economy of course.

Good luck.
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