Athabasca Oil Closes Sale Of It's 50% Interest in Light Oil Infrastructure



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



WHAT DO YOU THINK?


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

RELATED COMPANIES