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Athabasca Oil Corporation Announces 2021 Second Quarter


 
(1)   Refer to the “Reader Advisory” section within this news release for additional information on Non-GAAP Financial Measures and production disclosure.
(2)   Includes realized commodity risk management loss of $17.8 million and $38.9 million for the three and six months ended June 30, 2021 (three and six months ended June 30, 2020 - $24.4 million and $45.9 million gains).
(3)   Includes available credit under Athabasca’s Credit Facility and Unsecured Letter of Credit Facility (see page 14 of the Company’s Q2 MD&A).
(4)   The face value of the 2022 Notes is US$450 million. The 2022 Notes were translated into Canadian dollars at the June 30, 2021 exchange rate of US$1.00 = C$1.2394 (December 31, 2020 – C$1.2732).
Operations Update ....

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Orca Announces Updated Independent Natural Gas Resource


Orca or the
Company ) announces its updated independent natural gas resource assessment report with an effective date of March 31, 2021 (the “
Resource Report”). All references to contingent resources and prospective resources in this press release refer to contingent conventional natural gas resources and prospective conventional natural gas resources , and all references to natural gas in this press release refer to conventional natural gas as defined in National Instrument 51-101 –
Standards of Disclosure for Oil and Gas Activities (
NI 51-101 ).
The Resource Report was prepared by McDaniel & Associates Consultants Ltd. (“
McDaniel”) in accordance with the definitions, standards and procedures contained in the Canadian Oil and Gas Evaluation Handbook (the ....

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Altura Announces Fourth Quarter and Year End 2020 Results and Reserves


Altura Announces Fourth Quarter and Year End 2020 Results and Reserves
April 16, 2021 EnergyNow Media
CALGARY, AB, April 15, 2021 /CNW/ – Altura Energy Inc. (“Altura” or the “Company”) (TSXV: ATU) is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2020 and the independent evaluation of the Company’s oil and natural gas reserves (the “McDaniel Report”), effective December 31, 2020, as prepared by McDaniel and Associates Consultants Ltd. (“McDaniel”). The audited consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the year ended December 31, 2020 are available on SEDAR at www.sedar.com and on Altura’s website at www.alturaenergy.ca. Selected financial and operating information for the fourth quarter and year ended December 31, 2020 appear below and should be read in conjunction with the related financial s ....

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