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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 > RBC Capital Markets Outlines Sales Desk Presentation
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Post by jrpcardman on Apr 15, 2024 11:20pm

RBC Capital Markets Outlines Sales Desk Presentation

RBC Capital Markets Outlines Sales Desk Presentation Highlights From Athabasca Oil

11:25 AM EDT, 04/15/2024 (MT Newswires) -- RBC Capital Markets on Monday outlined sales desk presentation highlights from Athabasca Oil (ATH.TO).

According to RBC, Athabasca's Leismer asset remains on track to reach production of 28,000 barrels per day (bbl/d) by mid-year. Approvals are in place for up to 40,000 bbl/d, RBC added.

Meanwhile, RBC said Athabasca's Hangingstone asset can produce about 7,000 bbl/d in volumes, which will be supported by sustaining wells spud in the third quarter.

Athabasca's Corner operation also received regulatory approval for a 40,000 bbl/d development, RBC added.

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