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Athabasca Oil Hits Record Q2 Results, Plans Expansion

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Athabasca Oil Hits Record Q2 Results, Plans Expansion

Athabasca Oil (TSE:ATH) has released an update.

Athabasca Oil has reported a record-breaking second quarter with significant free cash flow and a major production milestone at its Leismer operation, reaching 28,000 barrels per day. The company is also planning an expansion to increase production at Leismer to 40,000 barrels per day over the next three years, with all required regulatory approvals in place.

For further insights into TSE:ATH stock, check out TipRanks’ Stock Analysis page.

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