Edition:
United Kingdom

Athabasca Oil Corp (ATH.TO)

ATH.TO on Toronto Stock Exchange

1.04CAD
16 Feb 2018
Change (% chg)

$-0.01 (-0.95%)
Prev Close
$1.05
Open
$1.05
Day's High
$1.06
Day's Low
$1.04
Volume
253,116
Avg. Vol
987,306
52-wk High
$1.91
52-wk Low
$0.85

Latest Key Developments (Source: Significant Developments)

Athabasca Oil Corp Says 2018 Production Outlook Of 38,500 - 41,000 BOE/D
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Athabasca Oil Corp ::ATHABASCA OIL CORPORATION PROVIDES OPERATIONS UPDATE AND 2018 OUTLOOK.ATHABASCA OIL CORP - 2018 PRODUCTION OUTLOOK OF 38,500 - 41,000 BOE/D.ATHABASCA OIL CORP - CORPORATE PRODUCTION IN NOVEMBER AVERAGED APPROXIMATELY 41,700 BOE/D.ATHABASCA OIL CORP - IN LIGHT OIL DIVISION NOVEMBER PRODUCTION AVERAGED 11,200 BOE/D.ATHABASCA OIL CORP - BOARD OF DIRECTORS HAS APPROVED A $140 MILLION 2018 CAPITAL BUDGET.ATHABASCA OIL CORP - LIGHT OIL IS FORECASTED TO ACCOUNT FOR ABOUT 50% OF 2018 CORPORATE OPERATING INCOME WITH NETBACKS OF $28/BOE.ATHABASCA OIL CORP - LIGHT OIL IS FORECASTED TO ACCOUNT FOR APPROXIMATELY 50% OF 2018 CORPORATE OPERATING INCOME WITH NETBACKS OF $28/BOE.ATHABASCA OIL CORP - TRANSFORMED ITS FINANCIAL OUTLOOK BY BUILDING SCALE AND ACCELERATING CASH FLOW IN BOTH LIGHT OIL AND THERMAL OIL DIVISIONS.ATHABASCA OIL CORP - ANTICIPATES EXITING 2017 WITH FUNDING CAPACITY OF ABOUT $375 MILLION INCLUDING CASH AND EQUIVALENTS.  Full Article

Athabasca Oil Corp - ‍Henry Sykes will be stepping down from board
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Athabasca Oil Corp :Athabasca Oil Corp - ‍Henry Sykes will be stepping down from board of directors​.Athabasca Oil - ‍Sykes to step down as result of "conflict" arisen given his position on board of publicly traded co.  Full Article

Athabasca Oil reports Q3 earnings per share c$0.01
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Athabasca Oil Corp :Athabasca Oil Corporation announces 2017 third quarter results.Q3 earnings per share c$0.01.Athabasca oil corp says ‍2017 capital budget is unchanged at $210 million with annual corporate production expected to average approximately 35,000 boe/d.​.Q3 production of 36,133 boe/d (90% liquids), representing 143% year over year per share growth‍​.Athabasca oil corp says i‍n 2018 expects to maintain production in excess of 40,000 boe/d (90% liquids)​.  Full Article

Athabasca Oil announces repayment of U.S.$221 mln term loan
Monday, 20 Jun 2016 

Athabasca Oil Corp : Athabasca Oil Corporation announces a $129 million contingent bitumen royalty and repayment of U.S.$221 million term loan . Concurrently, company has repaid its U.S.$221 million first lien term loan .Has reduced its outstanding corporate debt by approximately $250 million or 30 pct.  Full Article

Athabasca Oil resumes operations at Hangingstone
Tuesday, 24 May 2016 

Athabasca Oil Corp : Athabasca oil corporation resumes operations at Hangingstone . Says there has been no damage to Athabasca's assets . Expects reservoir to re-pressurize to normal operating levels over next several weeks with no anticipated long-term impacts . Prior to shutdown, production volumes reached in excess of 9,000 bbl/d .Resumed operations at Hangingstone following a shutdown on May 5th due to wildfires in fort McMurray region.  Full Article

Alberta Premier sees some oil production restarting in days
Tuesday, 10 May 2016 

: Alberta Premier Rachel Notley says oil industry and province agree oil sands operations will only restart as soon as it is safe to do so . Alberta Premier says expects many companies will be able to restart operations in coming days and weeks ahead . Alberta Premier says delivery of goods by road through Fort McMurray to oil sands sites resumed on Tuesday . Suncor CEO Steve Williams says to the north of Fort McMurray industry will be able to resume operations in a quicker way . Suncor CEO says industry will support efforts around Fort McMurray hospital, pipelines, electrical distribution centre . Canadian Association of Petroleum Producers CEO Tim McMillan says timelines for restarts will range from days to weeks, potentially beyond that for some projects . Alberta Premier says need to secure safety, logistics, electrical power, pipeline access to oil sands sites . Alberta Premier says majority of Alberta oil sands production has stopped, if that continues for months will have measurable impact to GDP . Suncor CEO says no significant damage to oil pipelines found . Suncor CEO says enough camps in place in oil sands region to house workers to restart production . Suncor CEO says some oil sands facilities will restart 24 to 48 hours, others will be a week or two . Suncor CEO says most difficult plants to restart will be those in the south that fire got closest to . Alberta Premier says Nexen has not yet had a chance to assess Long Lake facility.  Full Article

Athabasca Oil Corp Q1 loss per share $0.16
Saturday, 7 May 2016 

Athabasca Oil Corp : Athabasca oil corporation reports 2016 first quarter results and director appointment . Reports 2016 Q1 results and director appointment . Q1 loss per share $0.16 . Q1 2016 corporate production averaged 13,348 boe/d, an increase of 15% over Q4 2015 and 127% year over year . Board has appointed Bob Rooney as an independent director . Paul Haggis and Peter Sametz will not be seeking re-election for board positions at next annual meeting . Board has appointed Bob Rooney as an independent director . Q1 petroleum and natural gas volumes 13,348 boe/d versus 5,877 boe/d .At this time, there is no damage to facility, field pipelines or well sites at hangingstone.  Full Article

BRIEF-SemCAMS Signs Long-Term Processing Agreements & Announces New Duvernay Sour Gas Plant

* SEMCAMS SIGNS LONG-TERM PROCESSING AGREEMENTS AND ANNOUNCES NEW DUVERNAY SOUR GAS PLANT