Athabasca Oil Corp.

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 [...]

CALGARY, ALBERTA--(Marketwired - Nov 10, 2016) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or "the Company") is pleased to provide its 2016 third quarter results and an operations update. Athabasca has closed the previously announced upsized Contingent Bitumen Royalty (the "Royalty") with Burgess Energy Holdings L.L.C. ("Burgess Energy"). Athabasca's strategy positions the Company for strong growth and financial [...]

CALGARY, ALBERTA--(Marketwired - Nov 3, 2016) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or "the Company") is pleased to announce an upsizing of the previously completed Contingent Bitumen Royalty on its Thermal assets with Burgess Energy Holdings L.L.C. (the "Royalty") for additional cash consideration of $128.5 million. Including the initial Royalty, Athabasca has now raised total cash proceeds of $257 million through [...]

CALGARY, ALBERTA--(Marketwired - Aug 29, 2016) - Athabasca Oil Corp. (TSX:ATH) ("Athabasca" or "the Company") announces that it has received payment of $139 million from Phoenix Energy Holdings Limited (now Brion Energy Corporation, "Brion"), being the principal and interest payable under the final promissory note issued to the Company by Brion. The promissory note relates to Athabasca's prior sale of its 40% interest in [...]