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Athabasca Sees Strong Duvernay, Montney Performance in Q3
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Athabasca Oil Corporation has reported its third quarter 2013 results.
Operations Update Light Oil Production in the third quarter averaged 5,826 barrels of oil equivalent per day (boe/d), within the guidance range previously provided. The Company made adjustments for prior period accruals, primarily dating back to February, 2012, resulting in reported production of 5,597 boe/d. The scheduled shutdown of Keyera's Simonette gas plant for maintenance and completion of the plant modifications in September lasted 25 days, five days longer than planned. Athabasca's sour production was brought back on-line starting on October 1, 2013, with all tied-in wells on production by mid-October, 2013. Athabasca does not anticipate any restrictions from Keyera going forward. The Company expects to…- ✓ Full news archive — U.S., Canada & international coverage
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