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

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Post by MLEWICKIMBAon Mar 10, 2023 12:24pm

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Post# 35330939

Duster get out of your basement -- Please

FACTS:

A very large crude carrier (VLCC) has a deadweight tonnage or cargo-carrying capacity ranking up to 250,000 tons. On the other hand, an ultra-large crude carrier (ULCC) has a DWT of anything between 250,000 to 500,000 tons. In simple terms, it can be said that these two types of oil tankers ferry about two billion oil containers and barrels.

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