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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

Post by Dibah420on Oct 11, 2023 10:47am
171 Views
Post# 35678649

And in Zhanjiang....

And in Zhanjiang....

3-week Saudi-Chinese joint naval drill begins

 

October 11, 2023
 
The Saudi Ministry of Defense said that the three-week exercise aims to build mutual trust and enhance cooperation between the Royal Saudi Navy and the Chinese Peoples Liberation Army Naval Forces.
The Saudi Ministry of Defense said that the three-week exercise aims to build mutual trust and enhance cooperation between the Royal Saudi Navy and the Chinese People’s Liberation Army Naval Forces.

 

Saudi Gazette report

RIYADH — Saudi Arabia and China have launched a joint naval exercise at a naval brigade camp in Zhanjiang in Guangdong province of China on Monday.

 


The Royal Saudi Navy, represented by the Special Marine Security Group, and its counterpart from the Chinese Navy Special Forces are taking part in the joint drill Code-named Blue Sword -3.

The Saudi Ministry of Defense said that the three-week exercise aims to build mutual trust and enhance cooperation between the Royal Saudi Navy and the Chinese People’s Liberation Army Naval Forces.

The ministry stated that the exercise also aims to exchange experiences and develop the capabilities of the participants in the field of maritime counterterrorism and maritime piracy, in addition to raising the level of training and combat readiness of the participating forces.

The exercise comprises three stages: basic training, professional training and comprehensive exercises. Basic training and professional training involve shooting various weapons, rappelling from a helicopter, steering vessels, underwater searches and disposal of explosives, while the comprehensive exercise focuses on a joint special operations unit rescuing a hijacked merchant ship, as well as carrying out maritime assault rescue training.

The two countries held their first joint exercise, Blue Sword-2019, four years ago at the King Faisal Naval Base in the Red Sea near the Saudi Islamic Port of Jeddah.

 

 

 

October 11, 2023
 
 

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