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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 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

Comment by Maxmoeon Mar 04, 2024 9:06am
92 Views
Post# 35912872

RE:RE:Oil sands

RE:RE:Oil sands
cahclick wrote:

justmymoney wrote: The production process wastes enormous quantities of fresh water, tar sands use 2.4 barrels of freshwater for every barrel of tar sand produced, companies get the water from the Athabasca River one of North America largest free flowing rivers and nearly all of it ends up too contaminated to return and is one of the most destructive carbon-intensive and toxic fuels on the planet producing 3 times  as much greenhouse gas pollution as conventional crude oil does and the oil is low grade having to sell at discount so I dont know what you have read.

 

Those pristine waters of the Athabasca River were being polluted by the oil sands long before man ever arrived on the scene.

 


Oh dear, better not bother with actual facts, this guys already figured it all out. LOL
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