Athabasca Oil Sands Corp. (AOSC) Overview
AOSC was incorporated in 2006 to acquire and develop high potential oilsands assets in the Athabasca region of northern Alberta.
Assets
- One of the largest bitumen lease holders in the Athabasca region.
- The majority of the clastic/sands resource base is located within the McMurray formation, the most prolific and highly exploitable portion of the oil sands.
- Large carbonate potential in the Grosmont, Nisku and Leduc formations within our leases.
- AOSC Leduc is the northern extension of the famous Leduc reef trend discovered in Central Alberta in 1947. This reef trend has reached recoveries as high as 77% of OOIP (Original Oil In Place) and produced 2.8 billion barrels of light oil and 5 Bcf of gas.
Strategy and Goals
Build a Strong Team
- Executive, key management and high quality professional personnel have been recruited.
- Continue to hand pick top talent for project execution teams.
Develop & Produce
- Focus on manageable projects with individual phases in the range of 20,000 – 50,000 bbl/d.
- Implement in situ technology advancements in a cost-effective manner.
