Athabasca Oil Corporation

Suite 1200 215 - 9th Avenue SW
Calgary, AB
CA, T2P 1K3

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Athabasca Oil Corporation announces $265 million Leismer Infrastructure Transaction

Athabasca has taken a number of steps to enhance liquidity to ensure financial resiliency. Early in Q4 2018, the Company obtained the release of a $41.5 million letter of credit related to the Trans Mountain Expansion Project and secured a $25 million increase to its letter of credit facilities.

Athabasca Oil Corporation is pleased to provide an update on its midstream process, preliminary 2019 capital guidance expectations and its recent reductions in corporate costs.

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