Athabasca Oil Corp - Company Profile
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Athabasca Oil Corp (Athabasca) is an upstream energy company, which focuses on exploration, development, and production of bitumen, light oil, and liquids-rich natural gas from oil sands and related assets. Robust production technologies, operational performance, and a balanced asset base are its strengths, even as a decline in working capital could be a cause for concern. Nevertheless, increasing production from oil sands in Canada and growing global demand for natural gas could provide adequate growth opportunities for the company. However, fluctuating oil and gas prices, lack of gathering, processing, pipeline and rail facilities, seasonal nature and stringent regulations could affect its operations.
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