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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 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 Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.


TSX:ATH - Post by User

Athabasca Oil Corp > From BNN today
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Post by BLACKJACK86on May 13, 2024 10:10pm
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Post# 36037974

From BNN today

From BNN today

The current fire near Fort McMurray isn’t near any major oil-sands mines, but its southern perimeter is within 8 kilometers (5 miles) of Athabasca Oil Corp.’s Hangingstone well site, which produced almost 7,500 barrels of oil a day in February, Alberta Energy Regulator data show. The company didn’t immediately respond to questions on the status of the facility. 


https://www.bnnbloomberg.ca/fire-threat-to-canada-s-oil-sands-eases-as-rains-approach-1.2072384
 

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