Athabasca Oil Resumes Operations at Hangingstone Project

Email |

Print |

| Tuesday,May 24,2016

Athabasca Oil Corporation has resumed operations at Hangingstone following a shutdown on May 5th due to the wildfires in the Fort McMurray region.

There has been no damage to Athabasca's assets. Prior to the shutdown, production volumes reached in excess of 9,000 bbl/d.

The Company expects the reservoir to re-pressurize to normal operating levels over the next several weeks with no anticipated long-term impacts.

Canada News >>>