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.
Athabasca Oil Corp.'s acquisition of Statoil ASA's oil sands assets takes the Calgary-based company's transformation “to another level”, prompting Desjardins Capital Markets to upgrade its rating to Buy.
Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") is pleased to announce a balance sheet refinancing transaction which marks the conclusion of a series of strategic steps undertaken over the past year to transform the Company.
CALGARY, ALBERTA--(Marketwired - Nov. 3, 2016) - 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 ...
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.