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Athabasca Oil Corporation Announces 2020 Year-end Results

(1) Refer to the “Reader Advisory” section within this press release for additional information on Non-GAAP Financial Measures and production disclosure.
(2) Includes realized commodity risk management loss of $9.4 million and gain of $29.1 million for the three months and year ended December 31, 2020, respectively (three months and year ended December 31, 2019 - $2.1 million loss and $44.0 million loss).
(3) Includes available credit under Athabasca s Credit Facility and Unsecured Letter of Credit Facility (see page 15 of the MD&A).
(4) The face value of the 2022 Notes is US$450 million. The 2022 Notes were translated into Canadian dollars at the December 31, 2020 exchange rate of US$1.00 = C$1.2732 (2019 – C$1.2965).
Operations Update
Thermal Oil ....

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Der Züri-Sack soll deutlich billiger werden

Der Züri-Sack soll deutlich billiger werden
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Zu viel Geld angehäuft – Der Züri-Sack wird billiger

Zu viel Geld angehäuft – Der Züri-Sack wird billiger
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Zu viel Geld angehäuft – Der Züri-Sack soll deutlich billiger werden

Zu viel Geld angehäuft – Der Züri-Sack soll deutlich billiger werden
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Pipestone Energy Corp. Releases Year-End Reserves With Strong Year-Over-Year Reserve Volume Growth, and Provides an Operational Update Highlighting Record Production and Continued Capital Efficiency Gains

/EIN News/ CALGARY, Alberta, Feb. 10, 2021 (GLOBE NEWSWIRE)
(PIPE – TSX) Pipestone Energy Corp. (
“Pipestone” or the
“Company”) is pleased to provide an update on its production and operations, as well as report its year-end 2020 independent reserves evaluation prepared by McDaniel & Associates Consultants Ltd. (“
McDaniel”) with an effective date of December 31, 2020 (the “
McDaniel Report”).
Since inception, Pipestone has continued to demonstrate leadership in combining capital cost efficiencies with highly productive wells in the condensate-rich Alberta Montney play. This is reflected in the past year’s significant growth in reserve volumes and continued reduction in future development costs (“
FDC”).
Production & Facilities: ....

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