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.

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Athabasca Oil Corp

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Post by BigJakeon Aug 28, 2024 11:25am

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Post# 36199453

Inventories

API - 3.4 mbrl draw YTD - 21.102 mbrl draw

EIA - 0.846 mbrl draw YTD - 11.385 mbrl draw

WCS - 61.33 WTI DIFF - 13.5

Inventories are showing draws again this week with WTI DIFF remaining constant. Now we just need stocks to hold their gains when they make them. Absolutely nothing wrong with 75 dollar WTI.

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Advancing flagship Ishkõday Gold Project in Ontario