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BRIEF-Athabasca Oil says Alliance Pipeline force majeure results in production cut

Published 2015-08-10, 08:47 a/m
© Reuters.  BRIEF-Athabasca Oil says Alliance Pipeline force majeure results in production cut

Aug 10 (Reuters) - Athabasca Oil Corp ATH.TO :
* Alliance pipeline force majeure results in temporary production reduction at
greater kaybob
* Says informed by alliance pipeline of the shutdown of its mainline pipeline
system late last week
* Says company reiterates its 2015 corporate exit guidance of 10,000 - 14,000
boe/d
* Approximately 4,200 boe/d of the company's light oil production is currently
impacted
* Says has declared this to be a force majeure event
* Alliance advised that amount of hydrogen sulfide entered into mainline
pipeline due to complications experienced by upstream operator
* Says has shifted a portion of its regional kaybob production to the semcams
ka plant and tcpl system

* Source text for Eikon ID:nMKWN26kWa
* Further company coverage ATH.TO

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