Athabasca Oil Sands Corp. (AOSC) Company News

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Crude, Pipeline Woes Loom Over Oil-Sands Earnings
Thursday, October 25, 2018 Forgive Canada's oil-sands producers for the whiplash.

Athabasca Cuts Output As Alliance Gas Pipeline Shutdown Continues
Monday, August 10, 2015 Athabasca suspended the production of 4,200 boepd of light oil, becoming the latest western Canadian producer to curb output due to the Alliance Pipeline natural gas mainline shutdown.

Canadian Oil Sands Producer Athabasca Oil Cuts Capex
Friday, July 31, 2015 Canada's Athabasca Oil, which processes oil sands to produce crude, says it would cut its capital expenditure by nearly 5 percent as oil prices stay low.

Athabasca Raises Capital Budget, Says CEO To Retire
Monday, September 08, 2014 Athabasca Oil increases its capital budget for the year and said its chief executive of seven years would retire Sept. 30.

PetroChina to Seal Takeover of Athabasca Oil Sands Project by End-Sept
Monday, August 04, 2014 State oil giant PetroChina plans to pay the more than $1 billion it needs to complete a takeover of the Dover oil sands project from Canadian firm Athabasca Oil Corp by the end of September.

Athabasca Oil Closes Sale Of It's 50% Interest in Light Oil Infrastructure
Monday, December 23, 2013 Athabasca Oil Corporation closes its previously announced sale of a 50% interest in the Kaybob area light oil infrastructure.

Athabasca Gets OK for MacKay River Oil Sands Projects
Wednesday, December 28, 2011 Athabasca Oil Sands announces MacKay Operating Corp. has received full regulatory approval for the MacKay River commercial oil sands projects.

AOSC Hands over Oil Sands Stake to PetroChina
Wednesday, February 10, 2010 Divesting a 60% working interest in the MacKay River and Dover oil sands projects, Athabasca Oil Sands Corp. has closed its transaction with PetroChina International.

PetroChina's Oil Sands Deal Sharpens Edge in Heavy Oil
Tuesday, September 01, 2009 PetroChina's $1.7 billion oil sands deal in Canada will sharpen its edge as a producer of heavy oil, and again underscores how access to credit is enabling Chinese companies to acquire overseas reserves.

PetroChina, Athabasca Oil Sands Enter into Principles of JV Agreement
Monday, August 31, 2009 Athabasca Oil Sands has entered into a series of agreements with PetroChina, pursuant to which PetroChina will acquire a 60% working interest in AOSC's MacKay River and Dover oil sands projects.

Athabasca Oil Sands Corp. Nabs 50% Interest, Operatorship in Alberta
Monday, October 06, 2008 AOSC acquired a 50% interest and operatorship in a joint venture with an undisclosed third party in the western part of the Athabasca region of Alberta.

Athabasca Oil Sands Increases Resources
Wednesday, November 21, 2007 Athabasca received the GLJ report indicating Contingent resources increased making AOSC's total resources 5,990 million barrels ("best case") and 10,010 million barrels ("high case").