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 > Modelling, Not Projections

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Comment by MLEWICKIMBAon Jun 28, 2023 1:25pm

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Post# 35518876

RE:Modelling, Not Projections

Maximum 20% EV penetration by 2050.

No way big industry will invest in machinery and equipment that has batteries. In 75 years maybe.

By 2050 -- 10+ Billion people on earth.

100 dollar oil coming and more.

It will be interesting in December 2023 to see the O&G capex budgets at ZERO.

CAREFUL WHAT YOU WISH FOR!!!

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