Post by
ztransforms173 on Nov 01, 2023 3:44pm
Acceleware Should TALK To Athabasca Oil For RF XL Investment
from ATH Q3/2023 report:
* CASH BALANCE of $ 337 MILLION @ 9/30/2023
* BOP of 31,700 bbls/d at 2 SAGD sites (Liesmer + Hangingstone)
- they are NOT part of the Pathways Alliance
- they have a DEAL with ENTROPY INC. (part of Advantage Energy: T-AAV) for CCS
z173
Comment by
ztransforms173 on Nov 01, 2023 4:20pm
- LEISMER BOP @ 24, 232 bbls/d @ a SOR of ~ 3 which is in the MID-RANGE for Albertan SAGD operators - the SOR of Hanginstone is EVEN HIGHER - IF RF XL works ON A COMMERCIAL SCALE, Athbasca Oil would be a PRIME CUSTOMER z173