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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Athabasca Oil Corp > Isn't It Ironic?
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Comment by Deutz9170on Jan 16, 2025 3:56pm
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Post# 36407842

RE:RE:Isn't It Ironic?

RE:RE:Isn't It Ironic?I believe the rise in oil prices is not about demand fundamentals.  But is a result of what's going in the world bond markets right now. Investors I think are starting to get out of government debt. And putting money in commodities, out of fear. That's why maybe the producers aren't rallying in accordance. In the last 25 years the bond market was used heavily to bale out the stock market. Now the bond  market maybe showing it's wear,  from over use
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