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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Canada Greenlights Controversial Deepwater oil Project
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Post by Moneyloop on Apr 07, 2022 12:31pm

Canada Greenlights Controversial Deepwater oil Project

The federal government of Canada has granted its approval for a $12-billion oil project offshore Newfoundland and Labrador, to be led by Norwegian state major Equinor.
Comment by Maxmoe on Apr 07, 2022 2:36pm
Is it really an "approval" if it comes with 137 conditions? If I asked a lady to join me for dinner and she said yes, subject to these 137 conditions I think I'd starve before we had dinner. Sounds like the hypocrisy of Canada's pipeline regulations. I haven't seen the detailing if the conditions for offshore drilling, but for pipelines, in theory pipelines can be built, but ...more