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Wildfire causes Athabasca to adjust FY guidance

By:  
Creamer Media Contributing Editor Online
 
OIL & GAS
Significantly impacted on by the wildfire in Fort McMurray, which started in May, Canadian energy company Athabasca Oil has revised its thermal oil division’s full-year production guidance to between 7 500 bbl/d and 8 500 bbl/d. However, the company’s budget remains unchanged at $11-million, with the field currently ramping back up.
 
 
 
 
 

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