Athabasca Oil Corporation Provides Update on Fort McMurray Fires; No Impact to Current Operations at Hangingstone

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Return to homepage

Athabasca Oil Corporation Provides Update on Fort McMurray Fires; No Impact to Current Operations at Hangingstone

CALGARY, ALBERTA--(Marketwired - May 4, 2016) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or "the Company") continues to monitor the wildfires in the greater Fort McMurray area. Our thoughts are with all the families and workers directly affected and those who continue to bravely fight the wildfire. Athabasca will continue to assist the community in any way possible. The Company has offered all available beds at the Hangingstone site to emergency workers or anyone else who may need shelter during this tragic time.

At this time there has been no impact to the Company's operations at Hangingstone. Our first priority is the protection of our employees and we will ensure the safety of both our staff and contractors. The fire front is approximately 15 kilometers north of the project. The situation is being closely monitored, a response plan is in place and Athabasca is in communication with the appropriate government agencies. The Company has taken proactive measures to truck diluent to site as Inter Pipelines' Polaris diluent line has been temporarily shut-in.

About Athabasca Oil Corporation

Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. Situated in Alberta's Western Canadian Sedimentary Basin, the Company has amassed a significant land base of extensive, high quality resources. Athabasca's common shares trade on the TSX under the symbol "ATH". For more information, visit www.atha.com.

Media and Financial Community
Matthew Taylor
Vice President, Capital Markets and Communications
1-403-817-9104
[email protected]
www.atha.com

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).
LinkedIn
StockTwits
Twitter