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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 filefishon May 13, 2024 4:56pm
184 Views
Post# 36037565

RE:RE:RE:RE:fires in Alberta

RE:RE:RE:RE:fires in AlbertaPer Perplexity AI:
The current Alberta wildfire is just five kilometers away from the Athabasca Oil Hangingstone plant. Due to the fire's proximity and elevated safety risk, Athabasca Oil has evacuated all non-essential personnel and is in the process of shutting down the well sites and the central facility.
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