Dec 14 (Reuters) - Athabasca Oil Corp ATH.TO
* Athabasca Oil - Deal for consideration of $435 million cash, 100 million common shares and contingent value payments triggered at oil prices above $65/bbl WTI
* Athabasca Oil - Acquired assets include operating leismer thermal oil project, delineated corner lease and related strategic infrastructure
* Athabasca Oil - Acquisition is forecasted to be 275% and 60% accretive on 2017 and 2018 cash flow per basic share respectively
* Athabasca Oil Corp sees 2017 production in range of (boe/d) 38,000 - 42,000
* Athabasca Oil Corp- Cash component of purchase price will be sourced from existing cash balances
* Athabasca Oil - entered into agreements with statoil asa and its subsidiary Statoil (OL:STL) Canada Ltd. to acquire its Canadian Thermal Oil assets
* Athabasca Oil Corporation announces transformational acquisition of high quality thermal oil assets from Statoil ASA Source text for Eikon: ID:nCCN6Kp5LW Further company coverage: ATH.TO