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Bullboard - Stock Discussion Forum
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.
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TSX:ATH - Post Discussion
Athabasca Oil Corp
> Oil Prices Fall Despite Surprise Draw In Crude Inventories.
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•••
Moneyloop
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Post by
Moneyloop
on Mar 22, 2022 10:43pm
Oil Prices Fall Despite Surprise Draw In Crude Inventories.
Oil prices were trading down on Tuesday as it became less likely that the EU would reach a unanimous agreement to ban the imports of Russian oil and gas.
(16)
•••
fellowship
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Comment by
fellowship
on Mar 23, 2022 12:02am
Oil is holding. Fake news.
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