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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 bullhorn3on Sep 05, 2023 2:56pm
161 Views
Post# 35620372

RE:Tightening the screws...

RE:Tightening the screws...WTI up nearly US$2 early, now $1. Most oil stocks up 1%. So what if inventory drops? Even if WTI increaes, oil stocks are stuck. Saudis will have to push harder. I haven't seen much merger talk, so even the major oil companies don't seem to see value in 'bigger is better'... so far. Good ride so far, on the ATH bandwagon.

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