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Athabasca Oil Corp ATHOF


Primary Symbol: T.ATH

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

Post by AlwaysLong683on Nov 26, 2024 2:17pm
163 Views
Post# 36331797

Trump and the Price of Oil

Trump and the Price of OilI think there's no way Trump will allow oil and gas prices to hit the kind of highs it did under Biden - he'll likely do everything he can to keep those prices low, including elimintating as many barriers / impediments / policies as he can that may hinder domestic O&G producers to increase production on U.S. lands. If investors are happy with WTI oil staying at or below $80 a barrel with the possibility of it languishing in the 60's for extended stretches of time, then they should be OK.
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