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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
> ATH 100 year oil Reserves !!!!!
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WONDER1STOCK
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Post by
WONDER1STOCK
on Sep 27, 2022 4:19pm
ATH 100 year oil Reserves !!!!!
oil platforms shutting down, oil lines damaged. Will Biden have enough oil for Florida if needed? Looks like it's the perfect storm for oil to rise.
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Bombyass
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Comment by
Bombyass
on Sep 27, 2022 5:37pm
and oil is going down
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