Athabasca Oil Corporation
Athabasca Oil Corporation is a differentiated Canadian energy company based in Calgary, Alberta, focused on sustainable resource development. The company is an intermediate producer with a liquids-weighted portfolio, primarily engaged in the development of Canada's active resource plays, including the Duvernay and oil sands.
With a diversified asset base located exclusively in Alberta, Athabasca Oil boasts a production capacity of 40,000 barrels of oil equivalent per day, with 85% liquids and a 90-year reserve life. The company's operations are supported by its Light Oil Division, which capitalizes on high-margin returns, and its Thermal Oil Division, which generates significant free cash flow while maintaining low corporate decline rates.
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