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Athabasca Wraps Up 2012 Drilling, Midstream Progress
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Athabasca Oil Corporation has reported its 2012 Year End Results. The Company achieved numerous corporate milestones and transitioned from a pure exploration company to an exploration and production (E&P) company with a balanced portfolio of light oil production and a wholly-owned thermal oil project under construction.
Some of the 2012 highlights include: Light Oil Completion of infrastructure, including a 63-kilometre-long, 12-inch-diameter trunk pipeline from Kaybob West to the Keyera Simonette Gas Plant and oil batteries at Kaybob West, Kaybob East and Saxon/Placid with a capacity of 36,000 bbl/d of oil and 48 mmcf/d of natural gas; Production ramp-up in the Kaybob area, during Q4 2012, as the wholly-owned infrastructure was commissioned. On December 17, 2013 , the Company achieved…- ✓ Full news archive — U.S., Canada & international coverage
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