Production beat expectations and guidance, while operationally, no surprises materialized in both major divisions. The Company announced a six well program, in addition to the 2015 Light Oil program, at the Duvernay for 2H15e/2016e, with no changes to 2015e guidance or the capital budget.
14 May 2015
1Q15 Analysis
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1Q15 Analysis
Athabasca Oil Corporation (ATH:TSE) | 0 0 -2.8% | Mkt Cap: 535.3m
- Published:
14 May 2015 -
Author:
Michael P. Dunn -
Pages:
8
Production beat expectations and guidance, while operationally, no surprises materialized in both major divisions. The Company announced a six well program, in addition to the 2015 Light Oil program, at the Duvernay for 2H15e/2016e, with no changes to 2015e guidance or the capital budget.