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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 woodsmenon Apr 14, 2024 10:04am
159 Views
Post# 35988125

RE:War

RE:WarYes I agree Oil will have no where to go but up despite what Biden needs and wants.......you see Joe needs to continue with things like China, Inflation, Covid, Demand, interest rates, but this War if it does in fact flare right up it will push Oil higher.   Oil is not only important to the process, pipelines and facilites of each country but Oil is needed to fuel Tanks, Ships, and Planes.   Not many or sorry (ANY) wars have been won with Drones carrying small explosives...  It is going to get interesting, watch for more SCARY Headlines and tactics from Biden and company to continue keep a lid on Oil Prices. His presidency and campaign depends on it.  Fun times to be invested in Oil.    Good Luck to all.
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