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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
> Wcs-Wti spread at $10.80
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BLACKJACK86
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Post by
BLACKJACK86
on Jun 19, 2023 4:26pm
Wcs-Wti spread at $10.80
closing in , nice , let's get that trans mountain going .
(393)
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uwebb429
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Comment by
uwebb429
on Jun 19, 2023 8:24pm
Our gooey, sticky, junk from the tar sands that everyone likes to hate is popular when it is time to start paving roads. Even Tesla's need roads to drive on. Biden might realize next year that not approving the Keystone pipeline was a dumb thing to do. Perhaps he can send a tanker to the new TMX pipeline on the west coast. WCS will be in short supply for our American friends but we will give
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