Key Developments: Athabasca Oil Corp (ATH.TO)

ATH.TO on Toronto Stock Exchange

5.73CAD
30 Sep 2014
Price Change (% chg)

$-0.13 (-2.22%)
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$5.86
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Latest Key Developments (Source: Significant Developments)

Athabasca Oil Corp reaffirms H2 2014 production guidance
Monday, 8 Sep 2014 06:00am EDT 

Athabasca Oil Corp:Maintains its guidance range of 6,000 - 6,500 boe/d for the H2 2014.  Full Article

Athabasca Oil Corp announces management change
Monday, 8 Sep 2014 06:00am EDT 

Athabasca Oil Corp:Says Sveinung Svarte to retire as President and Chief Executive Officer effective Sept. 30.Says Tom Buchanan, current Chairman of the Board, will assume the added responsibilities of President and CEO.  Full Article

Athabasca Oil Corp announces closing of Dover Transaction
Friday, 29 Aug 2014 01:53pm EDT 

Athabasca Oil Corp:Says it closed sale of 40 pct interest in Dover oil sands project to Phoenix Energy Holdings Limited, wholly owned subsidiary of PetroChina International Investment Limited, for net proceeds of $1,184 mln.  Full Article

Athabasca Oil Corp gives H2 2014 production guidance
Wednesday, 6 Aug 2014 06:00am EDT 

Athabasca Oil Corp:Says that its H2 2014 production guidance is between 6,000-6,500 boe/d.  Full Article

Athabasca Oil Corporation exercises Dover put option
Thursday, 17 Apr 2014 12:45pm EDT 

Athabasca Oil Corporation:Exercises option to divest 40 pct interest in Dover Commercial Project (DCP) to Phoenix Energy Holdings Limited (Phoenix) for cash consideration of C$1.32 bln.Pursuant to terms of its Feb. 10, 2010 Put/Call option agreement with Phoenix, Athabasca's option to sell was triggered by issuance of Alberta Environment's approval of DCP under Alberta Environment Protection and Enhancement Act on April 16.  Full Article

Athabasca Oil Corporation gives Q2 2014 production guidance
Wednesday, 19 Mar 2014 06:15am EDT 

Athabasca Oil Corporation:Sees Q2 2014 production is expected to be in the range of 5,500 to 6,000 boe/d.  Full Article

Athabasca Oil Corporation announces appointment of chairman
Friday, 14 Mar 2014 06:00am EDT 

Athabasca Oil Corporation:Appointment of Thomas Buchanan as Chairman of board replacing William Gallacher, effective March 14.Gallacher has chosen to resign from Athabasca's board to concentrate on his other endeavours.  Full Article

Athabasca Oil Corporation announces staff reductions
Thursday, 6 Mar 2014 07:00pm EST 

Athabasca Oil Corporation:Says that as part of its continuing focus on capital discipline, it has decided to reduce its workforce by about 15 pct., predominantly in the Calgary office.Reductions largely affect employees associated, directly or indirectly, with projects for which funding will not be allocated in the near term.  Full Article

Athabasca Oil Corp announces management change
Wednesday, 8 Jan 2014 06:00am EST 

Athabasca Oil Corp:Says that Kim Anderson has accepted an appointment to become the company's Chief Financial Officer, replacing Brent Heagy who has chosen to leave the company to pursue an opportunity as a CFO with Inter Pipeline Ltd.Says Heagy will be staying with the company until mid-Feb in order to ensure a smooth transition of his responsibilities.  Full Article

Athabasca Oil Corp closes sale of its 50 pct interest in the Light Oil Infrastructure
Monday, 23 Dec 2013 05:40pm EST 

Athabasca Oil Corp:Says it has closed its previously announced sale of a 50 pct interest in the Kaybob area light oil infrastructure to a third-party for cash consideration of $145 million.Athabasca retains a 50 pct interest in these infrastructure assets and remains operator.  Full Article

UPDATE 1-Athabasca raises capital budget, says CEO to retire

Sept 8 - Canada's Athabasca Oil Corp increased its capital budget for the year and said its chief executive of seven years would retire on Sept. 30.

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