ATHOF News and Press, Athabasca Oil Corp From 12/03/18

Premier Notley of Canada's oil-rich Alberta province orders companies to cut oil production by 8.7% beginning Jan. 1 in an attempt to lift depressed prices. More news on: Cenovus Energy, Inc., Suncor Energy Inc., Imperial Oil Ltd, Energy stocks news, Stocks on the move, Read more ......

Canada's largest oil producing province has ordered an unprecedented output cut, adding to global actions to combat a recent price crash. More news on: Canadian Natural Resources, Ltd., Cenovus Energy, Inc., Suncor Energy Inc., Top stock market news, Energy stocks news, News on ETFs, R...

Alberta is in talks to buy rail cars to ease crude oil pipeline takeaway constraints that have pushed Canadian crude price discounts to record lows, Premier Notley says, anticipating a deal will be concluded within weeks. More news on: Canadian Natural Resources, Ltd., Cenovus Energy, In...

Alberta Premier Notley says "no option has been taken off the table," including government mandated production cuts , in addressing an oil price differential she says is costing the Canadian economy $80M/day. More news on: Canadian Natural Resources, Ltd., Cenovus Energy, Inc., Suncor Ene...

"Canadian crude has become the most discounted oil on the planet ," and the country now finds itself in the position of being the high cost producer in a world awash in oil, The Globe and Mail 's Barrie McKenna writes. More news on: Canadian Natural Resources, Ltd., Cenovus Energy, Inc.,...

The latest company presentation touts the low breakeven prices for its thermal oil assets. Management also highlights the high netback from the oil assets. Yet, I show in this article that, despite improved liquids prices in Q2 2018, Athabasca Oil ( OTC:ATHOF ) generated a barely positive ...

In the context of oil price recovery, most of the Canadian oil and gas producers focus on decreasing debt while trying to reduce costs . But Cardinal Energy ( OTC: CRLFF ) prioritizes the dividend. The 8%+ dividend yield is among the highest in the Canadian oil and gas industry. As ...

Canadian crude oil has plunged to a record low relative to U.S. crude , with Western Canada Select’s discount to U.S. crude sinking to US$43.25/bbl, hurt by reduced capacity at U.S. refineries and higher production from big new oil sands projects that has overwhelmed Canada’s ...

Welcome to the jolt edition of Oil Markets Daily! Over the weekend, Canadian energy stocks received 3 positive news items: NAFTA negotiations finished with the new trilateral agreement titled USMCA. Husky ( HUSKF ) offering to buy MEG Energy ( MEGEF ) (MEG.TO) for C$11 a share or...

Welcome to the seventh inning edition of the Oil Markets Daily! Brent broke out above $80/bbl today following the OPEC and non-OPEC meeting over the weekend that signaled no production increase. For those of you who started the doubt the oil thesis, you can't blame us for not writing...