Athabasca Oil Sands Corp (AOSC) is a publicly held oil company focused on the sustainable development of oilsands resources in the Athabasca region of northern Alberta, Canada.
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.
Potential
- 9.7 billion barrels economic contingent recoverable resources (best estimate) and 289 million barrels of probable reserves are intended to be developed by proven in situ technology (principally SAGD).
- In situ developments are relatively less intrusive than mining operations, and more closely resemble conventional developments.
- Ultimate production potential of 500,000-800,000 barrels per day at peak development.
Strong Leadership
- Experienced management team (North American & International) with extensive oil experience from many of the major unconventional oil operators in the Athabasca region. (Total, ConocoPhillips, Shell, Husky, EnCana, Enerplus)
- Board of Directors with proven track record for creating value. (Avenir Diversified Income Trust, Founders Energy / Provident Energy Trust, CCS Income Trust)