Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Not good
View:
Post by justmymoney on Mar 23, 2023 12:58pm

Not good

companies injecting water like ATH could be in a corner unless the government says np to the earthquake or they issue a sieze order to stop production till they resolve it but it certainly shines a light on ATH in a bad way. I'm thinking twice about holding ATH just because of this for now because I dont want my money froozen is ATH has to stop trading.
Comment by MisterK25 on Mar 23, 2023 1:19pm
Perhaps ATH will adopt clean tech such as RF/XL from Acceleware ( AXE ) , which uses RF energy to heat existing ground water in the oil formation to create steam. No external water is required. I own both ATH and AXE, and think they are a perfect fit.
Comment by stock_for_gold on Mar 23, 2023 1:29pm
It's not just the oil sands but fracking in general. There's been numerous studies done in Colorado on earthquake vs oil fracking. This is not a new problem. 
Comment by stock_for_gold on Mar 23, 2023 1:33pm
https://www.denverpost.com/2017/10/25/wastewater-injection-wells-earthquakes-colorado-new-mexico/amp/
Comment by Jimmy1page on Mar 23, 2023 3:12pm
There is no actual proof that fracking causes earthquakes. Most of the studies are completely left wing oil haters. Most of what we do in Alberta is "sag D. We steam it. As for water, I haul chemicals. Mostly caustic soda. Lol. Syncrude puts about 8 tankers a day into the ground 
Comment by stock_for_gold on Mar 23, 2023 4:57pm
I've worked in th oil industry since 1978 and there have been numerous studies showing the effect of fracking it's not new  https://uwaterloo.ca/news/media/new-map-shows-where-fracking-induced-earthquakes-could-hit
Comment by stock_for_gold on Mar 23, 2023 5:08pm
They also found that the area south of Grande Prairie, Alberta is far less prone to significant levels of induced seismicity, despite the fact that the Montney and Duverney formations in the region have been subjected to more than 700 multistage hydraulic fracturing operations.  “This is particularly important considering that the area is home to Alberta's No.1 geothermal project,” said ...more  
Comment by Jimmy1page on Mar 24, 2023 1:09pm
Lost me at "university of Waterloo. You've never worked in the industry. That's just a fact 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities