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 coolfooldumbguyon Sep 03, 2024 4:39pm

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Post# 36206883

Yes,the USA is doing the restocking of

The salt cavern reserve s right now,which should keep the price of petroleum steady,plus the Gulf coast should be going into shutdown this fall for stormy weather,so that is a big positive for oil and gas prices,and according to Warren Buffet,whose funds keep adding bargain oil and gas stock s to his fund s,so that is good for shareholders.

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