Athabasca Oil Corporation Provides Consolidated Production Results for the Quarter and Full Year Ended December 31, 2018; Provides Production Guidance for the Full Year 2019
For the full year, Petroleum and Natural Gas Production 39,203 boe/d against 35,421 boe/d reported a year ago. Oil, Condensate and NGLs Production was 5,763
bbl/d against 4,054 bbl/d reported a year ago. Bitumen Production was 27,923 bbl/d against 27,886 bbl/d reported a year ago.
For the full year 2019, the company expects net corporate Production to be 37,500 boe/d 40,000 boe/d. LIGHT OIL Production to be 10,000 boe/d 11,000 boe/d.