March 3 (Reuters) - Athabasca Oil Corp ATH.TO :
* ORATION ANNOUNCES 2020 YEAR-END RESULTS
* MAINTAINING 2021 PRODUCTION GUIDANCE OF 31,000 - 33,000 BOE/D
* PRODUCTION WAS 34,233 BOE/D (89% LIQUIDS) IN Q4 AND 32,483 BOE/D (88% LIQUIDS) IN 2020
* PLANS TO REFINANCE US$450 MILLION SECOND LIEN NOTES DURING YEAR AS ENERGY CREDIT MARKETS CONTINUE TO IMPROV
* COMPANY'S 2021 CAPITAL PROGRAM IS FULLY FUNDED WITHIN FORECASTED FUNDS FLOW WITH STRONG FREE CASH FLOW POTENTIAL
* QTRLY LOSS PER SHARE $0.11
* QTRLY ADJUSTED FUNDS FLOW PER SHARE $0.02
* FORECASTING A 2021 CAPITAL BUDGET OF $100 MILLION
* ATHABASCA- IN JAN, US REVOKED KXL PRESIDENTIAL PERMIT, CONSTRUCTION ON PROJECT WAS HALTED; DEVELOPMENT DOES NOT IMPACT CO'S CURRENT LIQUIDITY POSITION