Bullboard - Stock Discussion Forum 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... see more

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Athabasca Oil Corp > Light oil Division

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Post by filefish on Aug 08, 2023 11:09am

Light oil Division

Anyone care to guess what the remaining Kabob Duvernay assets are worth.

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Comment by apache200 on Aug 08, 2023 12:23pm

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Comment by filefish on Aug 08, 2023 3:54pm

The Light Oil Division will now consist exclusively of the Duvernay in the Greater Kaybob area with ~155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks. The Company’s joint venture has seen in excess of $1 billion in capital invested since 2016. Athabasca is uniquely positioned in the liquids-rich and shallower oil window of the play with a de-risked inventory of ~500 ...more

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