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BRIEF-Athabasca Oil Says Reassigned 15,000 Bbl/d Of Its Keystone Xl Transportation Commitment To A Third Party

Published 2020-04-28, 05:25 p/m
© Reuters.

April 28 (Reuters) - Athabasca Oil Corp ATH.TO :

* ATHABASCA OIL CORPORATION ANNOUNCES $70 MILLION UPSIZED CONTINGENT BITUMEN ROYALTY ALONG WITH ADDITIONAL RESILIENCY ACTIONS

* ATHABASCA OIL CORP - AT PLACID, COMPANY WILL CURTAIL ITS BASE MONTNEY PRODUCTION TO ABOUT 3,500 BOE/D BY END OF APRIL

* ATHABASCA OIL CORP - REASSIGNED 15,000 BBL/D OF ITS KEYSTONE XL TRANSPORTATION COMMITMENT TO A THIRD PARTY

* ATHABASCA OIL CORP - IMPLEMENTED MANY G&A COST SAVINGS INITIATIVES

* ATHABASCA OIL CORP - ATHABASCA'S 2020 CAPITAL PROGRAM IS $85 MILLION

* ATHABASCA OIL CORP - SUSPENDING ITS PRODUCTION GUIDANCE

* ATHABASCA OIL CORP - INTENDS TO TAKE STEPS OVER NEXT MONTH TO REDUCE PRODUCTION AT LEISMER

* ATHABASCA OIL CORP - AT LEISMER, COMPANY HAS FLEXIBILITY TO CURTAIL VOLUMES TO AS LOW AS ABOUT 8,000 BBL/D.

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