Brief: Athabasca Oil Posts Quarterly Loss Per Share $0.12

Athabasca Oil

29/07/2020 23:31

July 29 (Reuters) - Athabasca Oil Corp  ATH.TO :
    * ATHABASCA OIL CORPORATION ANNOUNCES Q2 2020 RESULTS
    * ATHABASCA OIL CORP - Q2 PRODUCTION ABOUT 27,100 BOE/D
    * ATHABASCA OIL CORP QTRLY LOSS PER SHARE $0.12
    * ATHABASCA OIL - REITERATES $85 MILLION 2020 CAPITAL
BUDGET, A
$40 MILLION REDUCTION FROM ORIGINAL BUDGET, WITH MINIMAL
ACTIVITY PLANNED FOR BALANCE OF YEAR
    * ATHABASCA OIL - FORECASTS Q4 2020 PRODUCTION BETWEEN
32,000 -
34,000 BOE/D (ABOUT 88% LIQUIDS)
    * ATHABASCA OIL CORP - WELL POSITIONED TO NAVIGATE CURRENT
CHALLENGING ENVIRONMENT WITH $170 MILLION IN LIQUIDITY, OF WHICH
$167 MILLION IS UNRESTRICTED CASH

Source text for Eikon:  ID:nGNX3pqFLG 
Further company coverage:  ATH.TO 

 ((Reuters.Briefs@thomsonreuters.com;))