CALGARY, March 15, 2012 /CNW/ - Athabasca Oil Sands Corp.
today reported 2011 year-end operational results.
Highlights include:
-- Athabasca remains well funded with working capital of $1.4 billion at December 31, 2011, sufficient to fund its 2012 capital budget of $819 million for 100% owned assets including $403 million for the Oil Sands division and $403 million for
CALGARY, March 8, 2012 /CNW/ - Athabasca Oil Sands Corp.
will release 2011 year end results on Thursday, March 15, 2012. The news release will provide details of the 2011 year end operating and financial information. Athabasca Oil Sands Corp.'s financial statements and management's discussion and analysis for the three and twelve month periods ended December 31, 2011 will be available electronically from [...]
CALGARY, March 7, 2012 /CNW/ - Sveinung Svarte, President & CEO, will be presenting at the First Energy/Société Générale East Coast Energy Conference on Friday, March 9, 2012 at 8:25 am ET. The presentation will include information detailing Athabasca's oil sands assets, activities in light oil and future growth opportunities. To listen and view this online event, please visit:
is pleased to provide a light oil operations update for its Kaybob property located in the Deep Basin area of northwestern Alberta.
The company recently drilled and completed its first Montney horizontal well in the Kaybob East area, located at 13-22-64-18W5. The 1,220 metre lateral was fracture stimulated with 14 stages of energized oil treatments and was
announces Bryan Gould, vice president Corporate Development, will speak at CIBC Whistler Institutional Investor Conference on Wednesday, January 18, 2012 at 1:40 p.m. (PST). The fireside questions and answer chat may include updates on the company's oil sands assets, light oil division and future growth opportunities.
announces Sveinung Svarte, president and CEO, will speak at BMO Capital Markets 9(th) Annual Unconventional Resource Conference in New York on Tuesday, January 10, 2012 at 11:00 a.m. (EST). The fireside questions and answer chat may include updates on the company's oil sands assets, light oil division and future growth opportunities. The presentation slides [...]
announces that it has exercised its option to divest its 40% interest in the MacKay River oil sands project to Cretaceous Oilsands Holdings Limited, a wholly owned subsidiary of PetroChina International Investment Limited, for cash consideration of $680 million (Cdn.), subject to closing adjustments including Athabasca's repayment of two loans provided by [...]
is pleased to announce that MacKay Operating Corp. (MacKay Opco) has received full regulatory approval from Alberta Energy Resources Conservation Board and Alberta Environment and Water for the MacKay River commercial oil sands project.
Sveinung Svarte, president and CEO says, 'To obtain approval in just over 24-months is an achievement and Athabasca is very
announces its board of directors has approved a 2012 capital budget of $819 million to be invested in its 100% owned assets. The budget includes $403 million for the Oil Sands Division and $403 million for the Light Oil Division. In addition, a $203 million capital budget was approved by the board for Athabasca's joint venture assets. The majority of this [...]
will release its 2012 capital budget on Tuesday, December 20, 2011. The news release will provide details of the 2012 capital budget and production guidance. Athabasca Oil Sands Corp. 2012 capital budget and production guidance will also be available electronically from Athabasca's website www.aosc.com.
A conference call to discuss the 2012 capital budget
CALGARY, Dec. 6, 2011 /CNW/ - Sveinung Svarte, President & CEO, will be presenting at the First Energy/Société Générale Montreal Energy Conference on Wednesday, December 7, 2011 at 9:50 am ET. The presentation will include information detailing Athabasca's oil sands assets, activities in light oil and future growth opportunities. To listen and view this online event, please visit:
announces it has filed its financial statements and management's discussion and analysis (MD&A) for the three and nine month periods ended September 30, 2011. These documents can be retrieved electronically from AOSC's website (www.aosc.com) and later this morning from SEDAR (www.sedar.com).
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