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.

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Athabasca Oil Corp > Dying Industry

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Comment by Lukespapaon Jan 26, 2021 12:13pm

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Post# 32387922

RE:Dying Industry

Eventually maybe...when you and I have fossilized under ground. Its decades before clean energy technology is able to scale to meet the needs of the planet both from a technology and cost perspective. By then, population and underdeveloped nations will have taken fossils fuel consumption to new heights. I don't even like my own words from an environmental point of view but this is world we live in.

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