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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 Torontohomer1on Apr 14, 2024 11:39am
186 Views
Post# 35988200

RE:RE:War

RE:RE:WarThink this whole thing was planned to appear as a retaliation but without creating too many waves. Iran saving face without triggering anything too damaging to themselves. Even the timing (on a sat with oil markets closed for two days) I bet was to appease the Americans and not rattle the oil markets. Think a small bump at the start of the week is all we will see.

The wild card will be if Isreal ramps things up - but suspect the US is doing everything it can to hold all of that off untill after the election. 
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