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Light Oil

Within our Light Oil Division, we produce light oil and liquids-rich natural gas from unconventional reservoirs. Our focus is targeting high margin and quick payout opportunities. We hold a significant interest in the Duvernay at Greater Kaybob.

Our Light Oil Division has a consistent track record of top decile netbacks relative to Canadian peers. We own and operate strategic regional infrastructure which provides direct access to end markets.

AOC Light Oil Operations 2022 athabasca oil light oil1


  • 30% WI in de-risked resource with spending governed by a strong JV agreement
    • ~220,000 gross perspective acres
    • ~700 well development inventory
  • Scalable asset, minimal near-term land expires and flexible development options
  • Infrastructure owned and operated