Athabasca Oil Corp - Company Profile
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Athabasca Oil Corp (Athabasca) is an upstream energy company that focuses on the exploration, development and production of bitumen, light oil and liquids-rich natural gas from oil sands and related assets. The company employs multi-stage fracturing and horizontal drilling technology from unconventional reservoirs to produce oil. It owns assets in the Athabasca oil sands region of northeastern Alberta, Canada. Athabasca has contingent resources in areas, namely, Hangingstone, Dover West Sands, Dover West Carbonates, Dover, Birch, and Grosmont. The company operates Light Oil assets in Kaybob Area and Simonette Area and holds rights in Duvernay, Montney, and Nordegg Formations. Athabasca is headquartered in Calgary, Alberta, Canada.
Athabasca Oil Corp premium industry data and analytics
Products and Services
Products |
---|
Products |
Bitumen |
Crude Oil |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In December, the company and Cenovus Energy entered into a joint venture agreement to create Duvernay Energy Corp. |
2019 | Asset Disposal | In January, the company sold its Leismer pipelines to Enbridge Inc., for CAD265 million. |
2017 | Contracts/Agreements | In November, Athabasca Oil and Murphy Oil Company entered into an agreement with Keyera Corp to process natural gas production. |
Competitor Comparison
Key Parameters | Athabasca Oil Corp | Cenovus Energy Inc | Suncor Energy Inc | Birchcliff Energy Ltd | Sunshine Oilsands Ltd |
---|---|---|---|---|---|
Headquarters | Canada | Canada | Canada | Canada | Canada |
City | Calgary | Calgary | Calgary | Calgary | Calgary |
State/Province | Alberta | Alberta | Alberta | Alberta | Alberta |
No. of Employees | 169 | 5,998 | 16,558 | 219 | 33 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Ronald Eckhardt | Chairman | Executive Board | - | - |
Robert Broen, P.Eng. | Director; President; Chief Executive Officer | Executive Board | 2015 | - |
Matt Taylor, CFA | Chief Financial Officer | Senior Management | 2019 | - |
Karla Ingoldsby | Vice President - Thermal Oil | Senior Management | 2018 | - |
Mike Wojcichowsky, P.Eng. | Vice President - Light Oil | Senior Management | 2020 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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