09:46 AM EST - Athabasca Oil Corporation : announced today its 2013 year-end operating results. Gross proved plus probable reserves increased by 32% year-over-year. The company produced an average of 6,397 barrels of oil equivalent per day ("boe/d") comprised of 49% liquids in 2013; fourth quarter production averaged 6,697 boe/d, in line with guidance; completed 59% of Hangingstone Project 1, a 12,000-barrel per day ("bbl/d") steam assisted gravity drainage project. Capital expenditures totaled $762 million including $282 million in Light Oil, $466 million in Thermal Oil and $14 million for corporate assets. Athabasca Oil Corporation
shares T.ATH are trading down $0.04 at $8.35.