CALGARY, Alberta, March 07, 2018 -- Athabasca Oil Corp. is pleased to provide its fourth quarter and year end results. Over the last three years, Athabasca has transitioned from an early-stage exploration company into a sustainable intermediate producer with a strong cash flow outlook. During 2017, the Company successfully integrated a cornerstone Thermal Oil asset, achieved scale in its Light Oil Division and [...]
CALGARY, Alberta, Dec. 06, 2017 -- Athabasca Oil Corp. is pleased to provide an operations update and 2018 outlook. Highlights include: Balanced 2018 Budget: $140 million capital budget aligned to $145 million funds flow Production Growth: 2018 production outlook of 38,500 – 41,000 boe/d , representing 11% per share growth year-over-year Sustainable Financial Position: 2017 year-end funding capacity of approximately [...]
CALGARY, Alberta, Nov. 17, 2017 -- Athabasca Oil Corp. announces that Henry Sykes will be stepping down from the Board of Directors as a result of a conflict that has arisen given his position on a board of a publicly traded company that recently combined with another public company. “I have enjoyed my time at Athabasca. While shorter than I would have hoped, I am confident the Board and management team are well [...]
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 [...]