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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.

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Athabasca Oil Corp > Trump and Danielle Smith

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Comment by matt2018on Jan 13, 2025 8:21pm

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Post# 36402417

RE:RE:RE:RE:RE:RE:RE:RE:RE:Trump and Danielle Smith

If this were to go through, quite sure energy companies would put out a release on their exposure to US market.
As a whole, Cdn oil refinery capacity is appr 1.7M bbl/day.
Combined oil production is appr 5.7M bbl/day.
Difference is shipped into the US (97% of it).
No other significant cutomers to speak of.

filefish wrote: Thanks for that explanation Matt. So in the case of ATH, what portion of their production is actually sold directly into the US., subject to tariff?

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