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CS - Athabasca aims to live within funds flow with $125MM capex - January 2020



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Athabasca Oil Corp. will spend $125 million in 2020 compared to $135 million last year and aim to sustain production within projected funds flow. The company will spend $65 million on thermal oil sands assets with a focus on Leismer, including long-lead items for pad L8, a water disposal well and routine pump changes. At Hangingstone, Athabasca will complete its first facility turnaround during Q2. The company will spend $60 million on its light......
 
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