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.

TSX:ATH - Post by User

Athabasca Oil Corp > API Oil inventory Chart, small build, EIA tomorrow

<< Previous

Bullboard Posts

Next >>

Comment by vindaloo_u2on Oct 23, 2024 7:40am

83 Views

Post# 36278063

RE:API Oil inventory Chart, small build, EIA tomorrow

Total inventories (products & strategic reserve) have dropped by 28 million barrels since Sept 17. Looking only at oil inventory is useless. Today's headline pertaining to inventories will be, without a doubt, negative but the there will be another significant drop across the board. We are quickly nearing 20 year lows.

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages