CALGARY, Alberta, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Athabasca Oil Corp. (TSX:ATH) (“Athabasca” or the “Company”) is pleased to provide its 2017 third quarter results and an operations update. The quarter marks continued execution of Athabasca’s strategy with strong consecutive quarterly cash flow growth supported by corporate production now in excess of 40,000 boe/d. Third Quarter and Recent [...]
CALGARY, ALBERTA--(Marketwired - Jul 26, 2017) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or the "Company") is pleased to provide its 2017 second quarter results and an operations update. The quarter marks continued operational momentum, positive cash flow driven by strong liquids-rich Montney growth at Placid and the full integration of Athabasca's new thermal oil asset at Leismer. Second Quarter and Recent Highlights [...]
CALGARY, ALBERTA--(Marketwired - May 3, 2017) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or the "Company") is pleased to provide its 2017 first quarter results and an operations update. The first quarter marks the completion and integration of the transformational Statoil oil sands acquisition, a successful balance sheet refinancing and operational momentum in the Light Oil division. The Company is positioned for strong [...]
CALGARY, ALBERTA--(Marketwired - Apr 25, 2017) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or the "Company") is pleased to announce that all matters presented for approval at the Annual General and Special Meeting of Shareholders held April 25, 2017 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at six, electing six proposed director nominees [...]
CALGARY, ALBERTA--(Marketwired - April 19, 2017) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or the "Company") advises that on page 3 of its Information Circular - Proxy Statement dated March 24, 2017 ("Circular"), which was filed on SEDAR on April 3, 2017, the Company mistakenly stated that no person or company beneficially owned or controlled more than 10% of the outstanding common shares of Athabasca as of March 24 [...]
CALGARY, ALBERTA--(Marketwired - March 10, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or the "Company") announced today that as of 11:59PM Eastern Time, on March 9, 2017, which was the "Expiration Time" for the previously announced cash tender offer (the "Offer") for any and all of its outstanding Canadian dollar denominated [...]
CALGARY, ALBERTA--(Marketwired - Mar 9, 2017) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or the "Company") is pleased to provide its 2016 year-end financial and operating results. 2016 was a transformational year for Athabasca which established itself as an intermediate oil weighted producer with a funded five-year growth outlook and exposure to several of the largest resource plays in Western Canada including the [...]
CALGARY, ALBERTA--(Marketwired - Feb. 24, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or the "Company") is pleased to announce that it has closed its previously announced balance sheet refinancing transactions, marking the conclusion of a series of strategic steps undertaken over the past year to transform the Company. The [...]
CALGARY, ALBERTA--(Marketwired - Feb 9, 2017) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or the "Company"), announced today that it has commenced a cash tender offer (the "Offer") for any and all of its outstanding Canadian dollar denominated 7.50% Senior Secured Second Lien Notes due 2017(CUSIP No. 04682RAB3/04682RAA5; ISIN CA04682RAB39/CA04682RAA55) (the "Notes"), upon the terms and subject to the conditions set forth [...]
CALGARY, ALBERTA--(Marketwired - Feb. 9, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or the "Company") is pleased to announce a balance sheet refinancing transaction which marks the conclusion of a series of strategic steps undertaken over the past year to transform the Company. The comprehensive refinancing plan provides [...]
CALGARY, ALBERTA--(Marketwired - Jan 31, 2017) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or the "Company") is pleased to announce the closing of the Thermal Oil asset acquisition from Statoil Canada Ltd. ("Statoil") establishing the Company as an intermediate oil weighted growth company with a low decline production base. The acquisition complements Athabasca's strategy and positions the Company for strong growth and [...]
- Acquisition of ~24,000 bbl/d of Stable Production with ~US$44/bbl WTI Break Evens - Establishes Athabasca as a ~40,000 boe/d (90% liquids) Intermediate Producer in 2017 - Upgrades Asset Portfolio and Business Resiliency to Lower Oil Prices - Strong Base Cash Flow Generates a Funded Growth Profile and Accelerates Free Cash Flow Horizon - Attractive Acquisition Metrics of ~$24,000/bbl/d, ~5.8x P/CF and ~$0.68/bbl 2P [...]
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