Athabasca Oil Sands Corporation Doubles Capital Spending in 2017, After Major Acquisition

SUGAR LAND--March 13, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Athabasca Oil Sands Corporation (TSX:ATH) (Calgary, Alberta) plans to follow up a transitional 2016 by nearly doubling its capital expenditures for the current year. The Canadian exploration company broadened its foothold in several of the largest resource plays in Western Canada through a major acquisition and increased drilling in prosperous areas, such as the Montney Shale. Industrial Info is tracking $5.19 billion in active projects involving Athabasca Oil Corporation.

Within this article: Details on Athabasca's outlook for 2017 and some of the company's highest-valued projects.

Other companies featured: Statoil Canada Limited, Murphy Oil Company Limited (NYSE:MUR)