CALGARY, March 19, 2014 /CNW/ - Athabasca Oil Corp. ("Athabasca" or the "Company") (TSX: ATH) announced today its 2013 year-end financial and operating results and also released its 2013 year-end reserve and resource estimates. 2013 Highlights: gross proved plus probable reserves increased by 32% year-over-year; produced an average of 6,397 barrels of oil equivalent per day ("boe/d") comprised of 49% liquids in [...]
CALGARY, March 14, 2014 /CNW/ - Athabasca Oil Corp. (TSX: ATH) ("Athabasca" or "the Company") announces the appointment of Thomas Buchanan as Chairman of the Board of Directors (the "Board"), replacing William Gallacher, effective March 14, 2014. William Gallacher has served as Chairman of the Board since founding the Company in 2006 and was instrumental in guiding and growing Athabasca to where it is today. Mr [...]
CALGARY, March 13, 2014 /CNW/ - Athabasca Oil Corp. (TSX: ATH) ("Athabasca" or "the Company") is pleased to announce that Brion Energy Corporation ("Brion") has received approval by the Lieutenant Governor in Council for the Dover Commercial Project. The Dover Commercial Project received Order in Council approval from the Alberta cabinet on March 13, 2014. The project received conditional approval from the Alberta [...]
CALGARY, March 12, 2014 /CNW/ - Athabasca Oil Corp. (TSX: ATH) ("Athabasca") will release 2013 year-end results on Wednesday, March 19, 2014. The news release will provide details of the 2013 year-end operating and financial information. Athabasca's financial statements and management's discussion and analysis for the three and 12 month periods ended December 31, 2013 will be available electronically from Athabasca's [...]
CALGARY, March 6, 2014 /CNW/ - As previously communicated, Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "the Company") completed a detailed review of its near term exploration and development priorities late last year with a view to allocate capital between its many development opportunities. As a result, the Company announced an initial 2014 capital budget focused on its key near term priorities, including the [...]
CALGARY, March 6, 2014 /CNW/ - As previously communicated, Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "the Company") completed a detailed review of its near term exploration and development priorities late last year with a view to allocate capital between its many development opportunities. As a result, the Company announced an initial 2014 capital budget focused on its key near term priorities, including the [...]
CALGARY, Feb. 21, 2014 /CNW/ - Athabasca Oil Corp. (TSX: ATH) ("Athabasca" or "the Company") is pleased to announce that Brion Energy Corporation ("Brion") has reached an agreement with Fort McKay First Nation ("FMFN") in regards to the Dover Commercial Project. As a part of the agreement, the FMFN has agreed to remove all of its objections as they pertain to the Alberta Energy Regulator's approval of the Dover [...]
CALGARY, Feb. 21, 2014 /CNW/ - Athabasca Oil Corp. (TSX: ATH) ("Athabasca" or "the Company") is pleased to announce that Brion Energy Corporation ("Brion") has reached an agreement with Fort McKay First Nation ("FMFN") in regards to the Dover Commercial Project. As a part of the agreement, the FMFN has agreed to remove all of its objections as they pertain to the Alberta Energy Regulator's approval of the Dover [...]
CALGARY, Jan. 8, 2014 /CNW/ - Athabasca Oil Corp. (TSX: ATH) ("Athabasca" or "the Company") announces that Kim Anderson has accepted an appointment to become the Company's Chief Financial Officer, replacing Brent Heagy who has chosen to leave the Company to pursue an opportunity as a CFO with Inter Pipeline Ltd. Mr. Heagy will be staying with the Company until mid-February in order to ensure a smooth transition of his [...]
CALGARY, Jan. 7, 2014 /CNW/ - Sveinung Svarte, president & CEO, will present at the BMO Capital Markets Unconventional Resource Conference in New York City on Tuesday, January 14, 2014 at 1:30 pm ET. The presentation will include information detailing Athabasca's thermal oil assets, activities in light oil and future growth opportunities. To listen and view this online event, please visit [...]
CALGARY, Dec. 23, 2013 /CNW/ - Athabasca Oil Corp. (TSX: ATH) ("Athabasca" or "the Company") has closed its previously announced sale of a 50% interest in the Kaybob area light oil infrastructure to a third-party for cash consideration of $145 million. Athabasca retains a 50% interest in these infrastructure assets and remains operator. About Athabasca Oil Corporation Athabasca Oil Corp. is a dynamic, Canadian energy [...]
CALGARY, Dec. 17, 2013 /CNW/ - Athabasca Oil Corp. (TSX: ATH) ("Athabasca" or "the Company") announces its initial 2014 capital budget. Athabasca's board of directors approved a capital budget of $460 million, comprised of $348 million for Thermal Oil, $106 million for Light Oil and the remainder for Corporate activities, excluding capitalized general and administrative costs and interest. Athabasca is committed to [...]
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