10 Aug 2015
4,200 BOE/D OFFLINE DUE TO ALLIANCE PIPELINE OUTAGE
Athabasca announced this morning that ~4,200 boe/d of its production has been shut in as a result of the shutdown of the Alliance Pipeline late last week, representing most of the Company's Light Oil division production (prior guidance was for 5,000 boe/d in 3Q15e). We expect the pipeline to resume shipments later this week. In Athabasca's press release this morning it noted that five days of downtime would have ~250 boe/d impact on 3Q15e Light Oil division production.