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 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

Athabasca Oil Corp > RIG COUNT DOWN AGAIN!

<< Previous

Bullboard Posts

Next >>

Comment by lovehockeyon Jun 30, 2023 1:33pm

157 Views

Post# 35522616

RE:RIG COUNT DOWN AGAIN!

You have to specify it is oil and gas rigs. Those related to oil were around 555 the last time I checked. 550 is the number of rigs to maintain current production in the US. US authorities confirmed that month to month production from March to April fell over 100 kbd while April oil demand was record high for all Aprils since 2007.

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant