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Low Sustaining
Capital. Athabasca is planning expenditures of $75 million focused on sustaining projects at Leismer along with routine maintenance activities at all properties. Capital will be allocated $70 million to Thermal Oil and the remainder to Light Oil.
Resilient
Production. Annual corporate production of 31,000 – 33,000 boe/d (90% liquids) which maintains annual 2020 production estimated to average approximately 32,250 boe/d.  
Thermal Oil
Activity. At Leismer, two infill wells at Pad L6 and an additional well pair at Pad L7 will be drilled in early 2021. These wells will support production in H2 2021 with payouts within one year at current commodity prices. The Company will progress readiness (long lead items, lease site and road construction, pipeline access) for a 5 well-pair sustaining pad (L8) with the option to initiate drilling during this winter season. The sanctioning of capital to drill these wells will be determined at a later date an ....

Kaybob Duvernay , Oil Activity , Bank Facility Renewal , Development Canada , Light Oil , Athabasca Oil Corporation , Oil Corporation , Export Development , Thermal Oil , Placid Montney , Unsecured Letter , எண்ணெய் நடவடிக்கை , வங்கி வசதி புதுப்பித்தல் , வளர்ச்சி கனடா , ஒளி எண்ணெய் , அதாபாஸ்கா எண்ணெய் நிறுவனம் , எண்ணெய் நிறுவனம் , ஏற்றுமதி வளர்ச்சி , வெப்ப எண்ணெய் , தெளிவான மான்ட்னி , பாதுகாப்பற்றது கடிதம் ,