Brief: Athabasca Oil Provides Operations Update, Further Debt Redemptions And Inclusion In The S&P TSX Composite Index

Athabasca Oil

06/06/2022 11:45

June 6 (Reuters) - Athabasca Oil Corp  ATH.TO :
    * ATHABASCA OIL CORPORATION PROVIDES OPERATIONS UPDATE,
FURTHER
DEBT REDEMPTIONS AND INCLUSION IN THE S&P TSX COMPOSITE INDEX
    * ATHABASCA OIL CORP - FORECASTING ANNUAL 2022 CORPORATE
PRODUCTION TO BE AT UPPER END OF ITS GUIDANCE RANGE OF 33,000 -
34,000 BOE/D (92% LIQUIDS)
    * ATHABASCA OIL CORP - PLANNING TO UTILIZE 100% OF NEAR‐TERM
FREE
CASH FLOW TO REDUCE ITS TERM DEBT
    * ATHABASCA OIL CORP - FOR 2022, ATHABASCA FORECASTS
ADJUSTED
FUNDS FLOW OF ABOUT $300 MILLION AND FREE CASH FLOW OF ABOUT
$180 MILLION

Source text for Eikon:  ID:nGNX7VPmnZ 
Further company coverage:  ATH.TO 

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