Brief: Athabasca Oil Says Hangingstone Project Is Expected To Continue Production Ramp Up In 2021

Athabasca Oil

03/12/2020 24:07

Dec 2 (Reuters) - Athabasca Oil Corp  ATH.TO :
    * ORATION PROVIDES 2021 BUDGET GUIDANCE AND ANNOUNCES BANK
FACILITY RENEWAL ALONG WITH AN INCREASE IN UNSECURED CREDIT
FACILITY CAPACITY
    * ATHABASCA OIL  - ANNUAL CORPORATE PRODUCTION OF 31,000 -
33,000
BOE/D,  WHICH MAINTAINS ANNUAL 2020 PRODUCTION ESTIMATED TO
AVERAGE ABOUT 32,250 BOE/D
    * HANGINGSTONE PROJECT IS EXPECTED TO CONTINUE ITS
PRODUCTION RAMP
UP IN 2021

Source text for Eikon:  ID:nGNX5hkmCl 
Further company coverage:  ATH.TO 

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