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Athabasca Touts 2,000+ Montney, Duvernay Drilling Locations

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Athabasca Touts 2,000+ Montney, Duvernay Drilling Locations

Athabasca Oil Corporation has reported its first quarter 2013 results.

Highlights include: In the Thermal Oil Division, construction at Hangingstone Project 1 is currently proceeding as planned. Appraisal programs to further delineate bitumen resources at Hangingstone Project 2 and Dover West Sands continued along with a third production phase of the Thermal Assisted Gravity Drainage (TAGD) Leduc Pilot and Demonstration Project at Dover West Carbonates; The Light Oil Division continued further development of its production capability and commissioning of infrastructure assets in the liquids-rich Alberta Deep Basin. Production in the first quarter averaged 6,100 barrels of oil equivalent per day (boe/d), which was impacted by unexpected third-party transmission and plant outages. Thermal…
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