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Athabasca Oil Corporation is a Canadian upstream energy company engaged in the exploration, development, and production of oil and natural gas. The company focuses on thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates through two main segments: Thermal Oil and Light Oil. Athabasca's principal operations are centered around the Greater Kaybob areas and the Athabasca region, encompassing projects like Leismer/Corner, Hangingstone, and Dover West. Athabasca specializes in utilizing advanced technologies such as multi-stage fracturing and horizontal drilling to extract bitumen, light oil, and liquids-rich natural gas from unconventional reservoirs. The company's assets include rights in formations like Duvernay, Montney, and Nordegg, contributing to a diversified production base.The company is headquartered in Calgary, Alberta, Canada, and its shares are listed on the Toronto Stock Exchange.
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🇨🇦 Canada