TSX:ATH - Post Discussion
Post by
jrpcardman on Apr 15, 2024 11:20pm
RBC Capital Markets Outlines Sales Desk Presentation
11:25 AM EDT, 04/15/2024 (MT Newswires) -- RBC Capital Markets on Monday outlined sales desk presentation highlights from Athabasca Oil (ATH.TO).
According to RBC, Athabasca's Leismer asset remains on track to reach production of 28,000 barrels per day (bbl/d) by mid-year. Approvals are in place for up to 40,000 bbl/d, RBC added.
Meanwhile, RBC said Athabasca's Hangingstone asset can produce about 7,000 bbl/d in volumes, which will be supported by sustaining wells spud in the third quarter.
Athabasca's Corner operation also received regulatory approval for a 40,000 bbl/d development, RBC added.
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