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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 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 > No Explanation for Oil Decline
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Comment by cahclickon Nov 10, 2023 9:09am
157 Views
Post# 35727962

RE:No Explanation for Oil Decline

RE:No Explanation for Oil Decline

retiredcf wrote:

No one can explain the oil selloff, demand is not the issue: Eric Nuttall

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, joins BNN Bloomberg to discuss why the price of crude is below US$80/bbl. He reminds the audience that demand for crude continues to grow. Furthermore, he discusses earnings from Suncor, calling quarterly profit 'phenomenal'. Additionally, he looks at consolidation in Canada's energy sector with Crescent Point buying Hammerhead.

https://www.bnnbloomberg.ca/video/no-one-can-explain-the-oil-selloff-demand-is-not-the-issue-eric-nuttall~2804025


 

Oil market is a mess but incredibly easy to remedy.
"If you buy oil, you have to take delivery."

The paper market creates incredible havoc.
Follow the money they say . . .  Who created the paper market ?

go ath go

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