Athabasca Oil Corp news

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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.
Svarte cuts ties with Athabasca Oil Corp, the company he co-founded nine years ago
CALGARY - Sveinung Svarte, the Norwegian geophysicist who co-founded Athabasca Oil Corp. nine years ago, cut his last ties Monday to the once-high flying oil company that stumbled over a controversial oil sands deal with PetroChina.
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 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 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 sets out thinner 2015 budget as crude prices languish  CanadianBusiness.com
Athabasca Oil Corporation Announces Initial 2015 Capital Budget  Canada NewsWire (press release)
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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 Oil Corporation Provides Clarification on the Closing of the Dover ...  Canada NewsWire (press release)
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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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Athabasca Oil Corp.'s cash windfall may arrive soon
Athabasca Oil Corp.'s wait for a $1.32-billion cash windfall from PetroChina Co. may be nearing an end. Shares of the Calgary-based oil producer have tumbled nearly 15% since early May, amid mounting uncertainty over whether PetroChina would follow ...
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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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