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Athabasca Oil Corporation (T:ATH)

Business Focus: Oil Exploration & Production - Onshore

Oct 25, 2021 07:00 am ET
Athabasca Oil Corporation Closes US$350 million Senior Secured Notes Financing, Enters into a C$110 million Credit Facility and Provides Strategic Update
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that it has closed the issuance of US$350 million of Senior Secured Notes and the syndication of a $110 million reserve based credit facility. Athabasca’s strategy is to...
Oct 07, 2021 02:36 pm ET
Athabasca Oil Corporation Announces a US$350 Million Notes Offering, Issuance of a Conditional Redemption Notice for its US$450 Million of Notes due 2022 and an Amended and Restated C$110 Million Cred
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announced today a private placement offering (the “Offering”) of 350,000 units. Each unit will consist of $1,000 principal amount of senior secured second lien notes due 2026 (each...
Aug 17, 2021 07:49 pm ET
Athabasca Oil Corporation Announces Market Egress Transactions that Increase Corporate Liquidity by ~$100 Million
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) has executed two strategic market egress transactions that increase corporate liquidity by approximately $100 million through cash consideration and the release of restricted cash...
Jul 28, 2021 06:50 pm ET
Athabasca Oil Corporation Announces 2021 Second Quarter Results
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its 2021 second quarter results that demonstrate the quality of its asset base. Athabasca is advancing the refinancing of its debt that will allow shareholders...
May 10, 2021 07:00 am ET
Athabasca Oil Corporation Announces Further Hangingstone Cost Reductions
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that it has executed an amending Hangingstone Transportation and Storage Services Agreement (“TSSA”) that resulted in a $44 million prepayment from...
May 05, 2021 08:14 pm ET
Athabasca Oil Corporation Announces Results from 2021 Annual Shareholder Meeting
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General and Special Meeting of Shareholders held May 5, 2021 have been fully authorized and approved. The items on...
May 04, 2021 08:08 pm ET
Athabasca Oil Corporation Announces 2021 First Quarter Results, Hangingstone Cost Reductions, Inaugural ESG Report
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its 2021 first quarter results that demonstrate the resilience and quality of its asset base. The Company is also pleased to provide an update on initiatives...
Mar 03, 2021 07:57 pm ET
Athabasca Oil Corporation Announces 2020 Year-end Results
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) reports its 2020 year-end results and annual reserves. In a year of unprecedented challenges, Athabasca demonstrated the exceptional resilience of its low-decline assets. In 2021,...
Dec 02, 2020 06:30 pm ET
Athabasca Oil Corporation Provides 2021 Budget Guidance and Announces Bank Facility Renewal along with an Increase in Unsecured Credit Facility Capacity
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or “the Company”) announces its 2021 budget that is focused on maintaining base production and maximizing funds flow. The Company also is pleased to announce that it has renewed its syndicated bank...
Nov 04, 2020 05:55 pm ET
Athabasca Oil Corporation Announces Q3 2020 Results
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) reported its operating and consolidated financial results for the three months ending September 30, 2020. The third quarter demonstrated the significance of Athabasca’s...
Jul 29, 2020 05:46 pm ET
Athabasca Oil Corporation Announces Q2 2020 Results
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) reported its operating and consolidated financial results for the three months ended June 30, 2020. The second quarter was defined by unprecedented moves in commodity prices...
Jun 01, 2020 09:00 am ET
Athabasca Oil Corporation Announces Renewal of its Credit Facility
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that it has completed the annual review of its credit facilities. The Company’s banking syndicate has renewed the reserve-based facility until November 30, 2020. The...
May 07, 2020 02:41 pm ET
Athabasca Oil Corporation Announces Results from 2020 Annual Shareholder Meeting
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General Meeting of Shareholders held May 7, 2020 have been fully authorized and approved. The items on the agenda...
May 06, 2020 08:03 pm ET
Athabasca Oil Corporation Announces Q1 2020 Results
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its operating and unaudited consolidated financial results for the three months ended March 31, 2020. Operations Highlights Q1 Production: ~36,550 boe/d...
Apr 28, 2020 05:14 pm ET
Athabasca Oil Corporation Announces $70 Million Upsized Contingent Bitumen Royalty Along with Additional Resiliency Actions
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is taking further actions in response to the decline in global oil prices to bolster balance sheet strength and corporate resiliency. Upsized Contingent Bitumen Royalty Athabasca...
Apr 02, 2020 05:58 pm ET
Athabasca Oil Corporation Takes Further Actions in Response to the Current Environment
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is taking further immediate actions in response to the significant decline in global oil prices to bolster balance sheet strength and corporate resiliency. Shut-in of Hangingstone...
Mar 20, 2020 08:00 am ET
Athabasca Oil Corporation Halts 2020 Capital Program
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is taking swift action in response to the significant decline in global oil prices to bolster balance sheet strength and corporate resiliency, including a $30 million reduction to...
Mar 04, 2020 04:20 pm ET
Athabasca Oil Corporation Announces 2019 Year-end Results
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to provide its 2019 year-end results and annual reserves.  2019 Corporate Highlights Production: Annual production of ~36,200 boe/d (87% liquids) which included...
Jan 08, 2020 05:37 pm ET
Athabasca Oil Provides Operations Update, 2020 Budget Guidance and Results of Special Shareholders Meeting
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or “the Company”) demonstrated strong operational results at the end of 2019 and has approved a 2020 capital budget focused on sustaining annual production within forecasted funds flow. Year-end...
Nov 05, 2019 06:55 pm ET
Athabasca Oil Corporation Announces 2019 Third Quarter Results
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its third quarter operational and financial results.  Third Quarter and Operational Highlights: Adjusted Funds Flow: $43.9 million ($0.08/share) and $133.3...
Jul 31, 2019 05:17 pm ET
Athabasca Oil Corporation Announces 2019 Second Quarter Results
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report continued strong financial performance with its second quarter results. With its resilient business model, the Company is well positioned to generate free cash...
May 09, 2019 02:47 pm ET
Athabasca Oil Corporation Announces Results from 2019 Annual Shareholder Meeting
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that all matters presented for approval at the Annual General of Shareholders held May 9, 2019 have been fully authorized and approved. The items on the...
May 08, 2019 09:59 pm ET
Athabasca Oil Corporation Announces 2019 First Quarter Results
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report strong operational and financial performance in the first quarter of 2019. With its resilient business model, the Company is well positioned to generate free...
Mar 06, 2019 07:17 pm ET
Athabasca Oil Corporation Announces 2018 Year-end Results
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to provide its 2018 year-end results and annual reserves.  Athabasca is a liquids-weighted intermediate producer with exposure to Canada’s most active resource plays...
Jan 15, 2019 04:18 pm ET
Athabasca Oil Corporation Closes $265 Million Leismer Infrastructure Transaction
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) has closed the previously announced Leismer Infrastructure Transaction with Enbridge Inc. for $265 million cash consideration. Transaction proceeds are approximately 50% of...
Dec 10, 2018 07:35 pm ET
Athabasca Oil Corporation Announces $265 Million Leismer Infrastructure Transaction, Preliminary 2019 Capital Guidance of $95 – $110 Million and Streamlined Cost Structure
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to provide an update on its midstream process, preliminary 2019 capital guidance expectations and its recent reductions in corporate costs. Strategic Infrastructure...
Nov 07, 2018 04:52 pm ET
Athabasca Oil Corporation Announces 2018 Third Quarter Results
Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to provide its 2018 third quarter results and an operations update. Q3 2018 Results and Operational Highlights Consolidated Results – Strength in Execution...
Aug 01, 2018 05:44 pm ET
Athabasca Oil Corporation Announces 2018 Second Quarter Results
Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) is pleased to provide its 2018 second quarter results and an operations update. Athabasca is a uniquely positioned low-decline, oil-weighted producer with assets in the most active...
May 09, 2018 07:38 pm ET
Athabasca Oil Corporation Announces 2018 First Quarter Results
Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) is pleased to provide its 2018 first quarter results and an operations update. The quarter marks continued operational success across both business units. Athabasca is uniquely...
Apr 06, 2018 04:05 pm ET
Athabasca Oil Corporation Announces Results of Shareholders’ Meeting
CALGARY, Alberta, April 06, 2018 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) is pleased to announce that all matters presented for approval at the Annual General and Special Meeting of Shareholders held April 6,...
Mar 07, 2018 05:10 pm ET
Athabasca Oil Corporation Announces Fourth Quarter and Year End 2017 Results
CALGARY, Alberta, March 07, 2018 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) is pleased to provide its fourth quarter and year end results.
Dec 06, 2017 05:09 pm ET
Athabasca Oil Corporation Provides Operations Update and 2018 Outlook
CALGARY, Alberta, Dec. 06, 2017 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) is pleased to provide an operations update and 2018 outlook. Highlights include:
Nov 17, 2017 09:00 am ET
Athabasca Oil Corporation Announces Director Update
CALGARY, Alberta, Nov. 17, 2017 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) announces that Henry Sykes will be stepping down from the Board of Directors as a result of a conflict that has arisen...
Nov 02, 2017 07:17 pm ET
Athabasca Oil Corporation Announces 2017 Third Quarter Results
CALGARY, Alberta, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) is pleased to provide its 2017 third quarter results and an operations update. The quarter marks continued execution of Athabasca’s strategy with...
Jul 26, 2017 09:33 pm ET
Athabasca Oil Corporation Announces 2017 Second Quarter Results
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") is pleased to provide its 2017 second quarter results and an operations update. The quarter marks continued operational momentum, positive cash flow driven by strong liquids-rich...
Jul 26, 2017 09:33 pm ET
Athabasca Oil Corporation Announces 2017 Second Quarter Results
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") is pleased to provide its 2017 second quarter results and an operations update. The quarter marks continued operational momentum, positive cash flow driven by strong liquids-rich Montney growth at Placid and the full integration of Athabasca's new thermal oil asset at Leismer.
Jul 24, 2017 04:25 pm ET
Athabasca Oil Announces Second Quarter 2017 Conference Call
CALGARY, Alberta, July 24, 2017 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or “the Company”) plans to report its 2017 second quarter results on Wednesday, July 26, 2017 after market close. A conference call to discuss the results and provide a mid-year update will be held for the investment community on July 27, 2017 at 7:00 a.m. MT (9:00 a.m. ET). To participate, please dial (877) 291-4570 (toll-free in North America) or (647) 788-4919 approximately 15 minutes prior to the conference call and enter passcode 61002546. Alternatively, to listen to this event online, p...
May 03, 2017 11:26 pm ET
Athabasca Oil Corporation Announces 2017 First Quarter Results
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") is pleased to provide its 2017 first quarter results and an operations update. The first quarter marks the completion and integration of the transformational Statoil oil sands...
May 03, 2017 11:26 pm ET
Athabasca Oil Corporation Announces 2017 First Quarter Results
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") is pleased to provide its 2017 first quarter results and an operations update. The first quarter marks the completion and integration of the transformational Statoil oil sands acquisition, a successful balance sheet refinancing and operational momentum in the Light Oil division. The Company is positioned for strong economic growth through the second half of 2017.
Apr 25, 2017 03:56 pm ET
Athabasca Oil Corporation Announces Results of Shareholders' Meeting
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") is pleased to announce that all matters presented for approval at the Annual General and Special Meeting of Shareholders held April 25, 2017 have been fully authorized and approved....
Apr 25, 2017 03:56 pm ET
Athabasca Oil Corporation Announces Results of Shareholders' Meeting
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") is pleased to announce that all matters presented for approval at the Annual General and Special Meeting of Shareholders held April 25, 2017 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at six, electing six proposed director nominees, approval of the performance award plan and appointment of Ernst & Young LLP as auditors.
Apr 19, 2017 06:00 am ET
Athabasca Oil Corporation: Statement Regarding Information Circular
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") advises that on page 3 of its Information Circular - Proxy Statement dated March 24, 2017 ("Circular"), which was filed on SEDAR on April 3, 2017, the Company mistakenly stated that no person or company beneficially owned or controlled more than 10% of the outstanding common shares of Athabasca as of March 24, 2017. As reported in an Early Warning Report filed by Statoil Canada Ltd. ("Statoil") on February 2, 2017 on SEDAR, Statoil beneficially owned, and continues to own, 19.7% of the
Apr 19, 2017 05:58 am ET
Athabasca Oil Corporation: Statement Regarding Information Circular
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") advises that on page 3 of its Information Circular - Proxy Statement dated March 24, 2017 ("Circular"), which was filed on SEDAR on April 3, 2017, the Company mistakenly stated that...
Mar 10, 2017 03:58 pm ET
Athabasca Oil Corporation Announces Final Results of the Cash Tender Offer for its Senior Secured Second Lien Notes due 2017
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") announced today that as of 11:59PM Eastern Time, on March 9, 2017, which was the...
Mar 09, 2017 05:18 pm ET
Athabasca Oil Corporation Announces 2016 Year-end Results and Reserves
Athabasca Oil Corporation (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...
Mar 09, 2017 05:18 pm ET
Athabasca Oil Corporation Announces 2016 Year-end Results and Reserves
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") is pleased to provide its 2016 year-end financial and operating results.
Feb 24, 2017 01:54 pm ET
Athabasca Oil Corporation Closes Balance Sheet Refinancing Transactions
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") is pleased to announce that it has closed its previously announced balance sheet...
Feb 09, 2017 05:31 pm ET
Athabasca Oil Corporation Commences Cash Tender Offer and Related Consent Solicitation for Outstanding Canadian Dollar 7.50% Senior Secured Second Lien Notes due 2017
Athabasca Oil Corporation (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 in the Offer to Purchase and Consent Solicitation Statement, dated the date hereof (as it may be amended or supplemented from time to time, the "Statement"). In
Feb 09, 2017 05:31 pm ET
Athabasca Oil Corporation Commences Cash Tender Offer and Related Consent Solicitation for Outstanding Canadian Dollar 7.50% Senior Secured Second Lien Notes due 2017
Athabasca Oil Corporation (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...
Feb 09, 2017 05:30 pm ET
Athabasca Oil Corporation Announces Balance Sheet Refinancing and Strategic Update
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") is pleased to announce a balance sheet refinancing transaction which marks the...
Jan 31, 2017 04:48 pm ET
Athabasca Oil Corporation Closes Transformational Acquisition of High Quality Thermal Oil Assets from Statoil ASA
Athabasca Oil Corporation (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 financial sustainability:
Jan 31, 2017 04:48 pm ET
Athabasca Oil Corporation Closes Transformational Acquisition of High Quality Thermal Oil Assets from Statoil ASA
Athabasca Oil Corporation (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...
Dec 14, 2016 05:17 pm ET
Dec 14, 2016 05:17 pm ET
Athabasca Oil Corporation Announces Transformational Acquisition of High Quality Thermal Oil Assets from Statoil ASA
Editors Note: There is an image associated with this press release. Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or "the Company") is pleased to announce that is has entered into agreements with Statoil ASA ("Statoil") and its wholly...
Nov 10, 2016 04:41 pm ET
Athabasca Oil Corporation Reports 2016 Third Quarter Results and Closing of the Upsized $257 Million Contingent Bitumen Royalty
Athabasca Oil Corporation (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").
Nov 10, 2016 04:41 pm ET
Athabasca Oil Corporation Reports 2016 Third Quarter Results and Closing of the Upsized $257 Million Contingent Bitumen Royalty
Athabasca Oil Corporation (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...
Nov 03, 2016 04:25 pm ET
Athabasca Oil Corporation Upsizes Contingent Bitumen Royalty with Burgess Energy Holdings L.L.C. to $257 Million
Athabasca Oil Corporation (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...
Nov 03, 2016 04:25 pm ET
Athabasca Oil Corporation Upsizes Contingent Bitumen Royalty with Burgess Energy Holdings L.L.C. to $257 Million
Athabasca Oil Corporation (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 this unique funding structure. The upsizing of the Royalty further supports the significant long-term value of Athabasca's Hangingstone and other thermal assets, and significantly
Aug 29, 2016 05:21 pm ET
Athabasca Oil Corporation Announces Receipt of $139 Million from Brion Energy Corporation
Athabasca Oil Corporation (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...
Aug 29, 2016 05:21 pm ET
Athabasca Oil Corporation Announces Receipt of $139 Million from Brion Energy Corporation
Athabasca Oil Corporation (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 the Dover oil sands project to Brion, which closed on August 29, 2014.
Jul 27, 2016 07:27 pm ET
Athabasca Oil Corporation Reports 2016 Second Quarter Results and an Increased Capital Budget for the Placid Montney
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or "the Company") is pleased to provide its 2016 second quarter results and an operations update. During the quarter the Company continued to progress its operational targets in both business...
Jul 27, 2016 07:27 pm ET
Athabasca Oil Corporation Reports 2016 Second Quarter Results and an Increased Capital Budget for the Placid Montney
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "the Company") is pleased to provide its 2016 second quarter results and an operations update. During the quarter the Company continued to progress its operational targets in both business divisions and bolstered its financial position through the closing of two strategic transactions.
Jun 21, 2016 06:44 pm ET
Athabasca Oil Corporation Reports Voting Results of Election of Directors
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") announces that at its annual general meeting of shareholders held on June 21, 2016, each of the six nominees proposed and recommended by the Company as a director were elected along...
Jun 21, 2016 06:44 pm ET
Athabasca Oil Corporation Reports Voting Results of Election of Directors
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") announces that at its annual general meeting of shareholders held on June 21, 2016, each of the six nominees proposed and recommended by the Company as a director were elected along with the appointment of Ernst & Young LLP as auditors.
Jun 20, 2016 06:00 am ET
Athabasca Oil Corporation Announces a $129 Million Contingent Bitumen Royalty and Repayment of US$221 Million Term Loan
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") is pleased to announce that it has granted a Contingent Bitumen Royalty to Burgess Energy Holdings L.L.C. ("Burgess") on its Thermal assets (the "Royalty") for total consideration of $129 million. Concurrently, the Company has repaid its US$221 million first lien term loan ("TLB") which is the first step towards aligning the Company's capital structure with its go forward operating plans. Both transactions further enhance the Company's balance sheet and financial
Jun 20, 2016 05:58 am ET
Athabasca Oil Corporation Announces a $129 Million Contingent Bitumen Royalty and Repayment of US$221 Million Term Loan
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") is pleased to announce that it has granted a Contingent Bitumen Royalty to Burgess Energy Holdings L.L.C. ("Burgess") on its Thermal assets (the "Royalty") for total consideration of...
May 24, 2016 11:07 am ET
Athabasca Oil Corporation Resumes Operations at Hangingstone
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") has resumed operations at Hangingstone following a shutdown on May 5th due to the wildfires in the Fort McMurray region. There has been no damage to Athabasca's assets. Prior to the...
May 24, 2016 11:07 am ET
Athabasca Oil Corporation Resumes Operations at Hangingstone
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") has resumed operations at Hangingstone following a shutdown on May 5th due to the wildfires in the Fort McMurray region. There has been no damage to Athabasca's assets. Prior to the shutdown, production volumes reached in excess of 9,000 bbl/d. The Company expects the reservoir to re-pressurize to normal operating levels over the next several weeks with no anticipated long-term impacts. Athabasca will continue to work closely with the province, region and industry to monitor and manage the fire risk.
May 13, 2016 05:00 pm ET
Athabasca Closes Light Oil Joint Venture With Murphy Oil
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") is pleased to announce the closing of the previously announced light oil joint venture with Murphy Oil Company Ltd. ("Murphy") in the Kaybob Area ("Murphy Transaction"). The transaction right sizes the Company's capital risk profile and puts it in a strong position to align its capital structure and operating plans over the mid-term.
May 13, 2016 04:58 pm ET
Athabasca Closes Light Oil Joint Venture With Murphy Oil
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") is pleased to announce the closing of the previously announced light oil joint venture with Murphy Oil Company Ltd. ("Murphy") in the Kaybob Area ("Murphy Transaction"). The...
May 06, 2016 08:28 pm ET
Athabasca Oil Corporation Reports 2016 First Quarter Results and Director Appointment
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or "the Company") is pleased to provide its 2016 first quarter results and an operations update. The Company continues to advance significant strategic and operational milestones in both its Light Oil...
May 06, 2016 08:28 pm ET
Athabasca Oil Corporation Reports 2016 First Quarter Results and Director Appointment
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "the Company") is pleased to provide its 2016 first quarter results and an operations update. The Company continues to advance significant strategic and operational milestones in both its Light Oil and Thermal Oil divisions despite exceptionally challenging external market conditions.
May 05, 2016 06:46 pm ET
Athabasca Oil Corporation Shuts Down Hangingstone Due to Forest Fires
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") has decided, in response to the elevated risk from the ongoing regional wildfires, to shut down the Hangingstone Project and evacuate all personnel. Over the past 24 hours, the...
May 05, 2016 06:46 pm ET
Athabasca Oil Corporation Shuts Down Hangingstone Due to Forest Fires
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") has decided, in response to the elevated risk from the ongoing regional wildfires, to shut down the Hangingstone Project and evacuate all personnel. Over the past 24 hours, the Fort McMurray fire has advanced to the south and south east of the city. The fire front is estimated to be within 5 kilometers of the Hangingstone site.
May 04, 2016 07:22 pm ET
Athabasca Oil Corporation Provides Update on Fort McMurray Fires; No Impact to Current Operations at Hangingstone
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...
May 04, 2016 07:22 pm ET
Athabasca Oil Corporation Provides Update on Fort McMurray Fires; No Impact to Current Operations at Hangingstone
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.
Mar 10, 2016 10:38 pm ET
Athabasca Oil Corporation Reports 2015 Year-end Results and Reserves
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "the Company") is pleased to provide its fourth quarter and 2015 year-end financial and operating results in conjunction with its year-end reserves and resource information. Athabasca achieved several significant strategic and operational milestones in both its Light Oil and Thermal Oil divisions despite exceptionally challenging external market conditions.
Mar 03, 2016 04:30 pm ET
Athabasca Oil Corporation to Hold 2015 Year-End Conference Call
Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "the Company") will release its fourth quarter and year-end 2015 results after market close on Thursday, March 10, 2016. A conference call to discuss the results will be held for the investment community on Friday, March 11, 2016 at 7:00am MT (9:00am ET).