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 > ATH produces only

<< Previous

Bullboard Posts

Next >>

Comment by Duster340on Mar 07, 2023 2:00pm

84 Views

Post# 35324138

RE:RE:ATH produces only

your wrong the can not do it . #1 there is no appitite for it. #2 there 50 years of reserve would shrink to about 6.25 years. #3 it would take years to build out the company to be about twice the size of meg, buy the time it got built oil will be @65 a barrel. so therefore it will never happen which=your comment is irrelevant and immaterial so whats your point.

<< Previous

Bullboard Posts

Next >>

Canadian government to fund Electric Royalties portfolio property