CALGARY, ALBERTA--(Marketwired - Mar 10, 2016) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or "the Company") is pleased to provide its fourth quarter and 2015 year-end financial and operating results in conjunction with its year-end reserves and resource information. Athabasca achieved several significant strategic and operational milestones in both its Light Oil and Thermal Oil divisions despite exceptionally [...]
CALGARY, ALBERTA--(Marketwired - Mar 3, 2016) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or "the Company") will release its fourth quarter and year-end 2015 results after market close on Thursday, March 10, 2016. A conference call to discuss the results will be held for the investment community on Friday, March 11, 2016 at 7:00am MT (9:00am ET). Conference Call Details: Date: Friday, March 11, 2016 Time: 7:00am [...]
CALGARY, ALBERTA--(Marketwired - Jan 27, 2016) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or "the Company") announces that it has entered into an agreement with Murphy Oil Company Ltd. (Canadian subsidiary to Murphy Oil Corp., "Murphy") to form a strategic joint venture (the "transaction") to develop the Duvernay and Montney in the Kaybob area. Transaction highlights: Greater Kaybob Assets. Athabasca is selling a 70 [...]
CALGARY, ALBERTA--(Marketwired - Dec 2, 2015) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or "the Company") is pleased to announce that its Board of Directors has approved a 2016 capital budget of $91 million. This budget is closely aligned with Athabasca's key strategic priorities which include preserving a strong balance sheet to manage through economic cycles, demonstrating execution excellence in both core Light Oil [...]
CALGARY, ALBERTA--(Marketwired - Nov 4, 2015) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or "the Company") is pleased to provide its third quarter 2015 financial and operating results. Highlights from the quarter and recent accomplishments: Corporate production - Third quarter production averaged 7,250 boe/d of which Light Oil accounted for 5,145 boe/d and Thermal Oil accounted for 2,105 bbl/d; Hangingstone - The [...]
CALGARY, ALBERTA--(Marketwired - Oct 20, 2015) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or "the Company") will release its 2015 third quarter results after market close on Wednesday, November 4, 2015. A conference call to discuss the results will be held for the investment community on Thursday, November 5, 2015 at 7:30 a.m. MT (9:30 a.m. ET). Conference Call Details: Date: Thursday, November 5, 2015 Time: 7:30am MT [...]
CALGARY, ALBERTA--(Marketwired - Sept. 28, 2015) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or "the Company") is pleased to provide an update on recent operational activities. Athabasca achieved first oil at Hangingstone in July. The Company now has 15 well pairs on production with an additional six well pairs on circulation. Bitumen production has averaged 3,200 bbl/d to date in September with current production in [...]
CALGARY, ALBERTA--(Marketwired - Aug. 31, 2015) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or "the Company") announces that it has received payment of $152.6 million from Phoenix Energy Holdings Limited (now Brion Energy Corporation, "Brion"), being the principal and interest payable under the second of three promissory notes issued to the Company by Brion. The payment relates to Athabasca's prior sale of its 40 [...]
CALGARY, ALBERTA--(Marketwired - Aug 10, 2015) - Athabasca Oil Corp. ("Athabasca" or the "Company") (TSX:ATH) was informed by Alliance Pipeline of the shutdown of its mainline pipeline system late last week. Alliance advised shippers Thursday evening that an amount of hydrogen sulfide (H2S) entered into its mainline pipeline as result of complications experienced by an upstream operator. Alliance has declared this to be a [...]
CALGARY, ALBERTA--(Marketwired - Jul 30, 2015) - Athabasca Oil Corp. ("Athabasca" or the "Company") (TSX:ATH) is pleased to report its second quarter 2015 financial and operating results. Highlights from the quarter and recent accomplishments: Hangingstone achieved first oil in July with six well pairs recently converted to production. Steaming of the initial SAGD well pairs is continuing as planned. Reservoir response [...]
CALGARY, ALBERTA--(Marketwired - May 12, 2015) - Athabasca Oil Corp. ("Athabasca" or the "Company") (TSX:ATH) is pleased to report its first quarter 2015 financial and operating results. Highlights from the quarter and recent accomplishments: Achieved a significant milestone commencing well pair steaming at Hangingstone in late March. Construction of Hangingstone Project 1 was completed on schedule with a final cost [...]
CALGARY, May 12, 2015 /CNW/ - Athabasca Oil Corp. ("Athabasca" or the "Company") (TSX: ATH) is pleased to report its first quarter 2015 financial and operating results. Highlights from the quarter and recent accomplishments: Achieved a significant milestone commencing well pair steaming at Hangingstone in late March. Construction of Hangingstone Project 1 was completed on schedule with a final cost estimate between $740 [...]
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