Athabasca Oil forecasts 2026 output at 37,000-39,000 boe/d under strip pricing assumptions
Reuters2026/09/08 19:33- Athabasca outlined 2026 guidance under strip pricing: consolidated production 37,000-39,000 boe/d, exit rate about 45,000 boe/d.
- 2026 capital budget set at about $420 million, including about $340 million for Thermal Oil, about $80 million for Duvernay.
- Adjusted funds flow expected at about $550-$575 million, based on US$83.39 WTI, US$14.37 WCS differential, C$1.91 AECO, 0.72 C$/US$.
- Longer-term outlook targets about $1.5 billion cumulative free cash flow in 2026-2030 at US$70 WTI while funding growth.
- Pricing assumptions for 2027+ set at US$70 WTI, US$12.5 WCS differential, C$3 AECO, 0.725 C$/US$.
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