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After a year of 'drama,' Athabasca Oil Corp vows to get back to basics
Handout/Athabasca Oil Sands Corp.Athabasca needs a WTI oil price of US$40 to US$60 per barrel to breakeven on its single wells in the region, though the company was transitioning to a different technique to drive down its costs.
Armed with assets and cash, Athabasca Oil sets new course amid low oil prices
The new chief executive at Athabasca Oil Corp. is a farm-raised 45-year-old engineer from central Alberta whose favourite non-work pastimes are golfing, snowmobiling and spending time with his wife and three teenage children.
Athabasca Oil Corp completes Dover project sale to PetroChina, but total ...
CALGARY - Athabasca Oil Corp. has finally banked cash - $600-million of it - from PetroChina to settle the giant Chinese national oil company's takeover of the Dover oil sands project triggered four months ago.
Athabasca closes sale of Alberta stake to PetroChina for $1.184-billion  The Globe and Mail
Athabasca Oil Corporation Announces Closing of the Dover Transaction  Canada NewsWire (press release)
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Athabasca Oil cuts 2015 capital plan as crude prices plummet
Athabasca Oil Corp. surprised analysts Wednesday with a severely reduced capital spending plan for 2015 but investors reacted positively, giving its deep-discounted stock a 10 per cent boost.
Athabasca Oil Corporation Announces Initial 2015 Capital Budget  Canada NewsWire (press release)
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Athabasca Oil Cuts Quarter of Head Office, Field Staff in Rout
Athabasca follows Devon Energy Corp. in eliminating jobs in Calgary this week as energy companies globally lower spending to cope with an industry downturn that has lasted 16 months.
Athabasca Oil Corp shares dive on worries over PetroChina US$1.23-billion payment
CALGARY - Athabasca Oil Corp. shares tumbled Monday as the company sought to reassure investors it was working to collect a cash payment from PetroChina Co.
Athabasca Oil Corp. rushing to close PetroChina deal  Fort McMurray Today
Athabasca's Dover oilsands deal held up by Chinese corruption probe
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Why Athabasca Oil's $1.23-billion Dover payday might trigger a takeover
After investing billions in Alberta's oil sands, PetroChina is expected to honour the payment, which will put it in full control of the Dover project.
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Athabasca Oil losses deepen as commodity prices slide
Athabasca Oil Corp. reported a bigger net loss and lower cash flow Tuesday as first quarter realized prices from its conventional oil and gas division plunged to $29.35 per barrel of oil equivalent from $61.12 a year earlier.
Athabasca Oil Corporation Reports First Quarter 2015 Financial and Operating ...  Canada NewsWire (press release)
Athabasca Oil's (ATHOF) CEO Rob Broen on Q1 2015 Results - Earnings Call ...  Seeking Alpha
Athabasca Oil Corporation Reports Third Quarter 2015 Financial and Operating ...
The Company deployed approximately $31 million of capital in Light Oil during the third quarter of 2015, which primarily related to the completion operations of wells from the prior winter's program and the kick-off of second half operations.
With PetroChina 'soap opera' over, Athabasca Oil looks to new priorities
Sveinung Svarte is out as president and CEO of Athabasca Oil Corp. - though not completely, as the Calgary-based oil producer moves past its roller-coaster oil sands partnership with PetroChina and doubles down on its other businesses.
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