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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Athabasca Oil Corp > OPEC + will not be deepening cuts!
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Comment by OGInvest0ron Nov 23, 2023 3:25pm
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Post# 35750522

RE:OPEC + will not be deepening cuts!

RE:OPEC + will not be deepening cuts!Fake news. Loads of disinformation from shorts desperate to get some money back this year after 60 percent gains. Even if oil tanks the WCS will tighten and the loonie will buffer things as well. We are in a solid position for 2024. Top pick! 
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