Athabasca Oil Sands Corp. Announces Filing of 2010 Fourth Quarter Financial Statements

About this update from Athabasca Oil Corporation

[{"type":"text","content":"\n\n\n Mar. 2, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nCALGARY, March 2 /CNW/ - Athabasca Oil Sands Corp. (TSX:  ATH) announces\n it has filed its financial statements and management's discussion and\n analysis (MD&A) for the year ended December 31, 2010.  These documents\n can be retrieved electronically from SEDAR (www.sedar.com) or from AOSC's website (www.aosc.com).\n\n\nAOSC Updates 2010 Activities\n\n\nAthabasca's fourth quarter marked the successful culmination of a\n significant year of growth for the company. It announced it was\n accelerating multi-phase developments at its wholly-owned Hangingstone\n and Dover West assets and the regulatory application was filed in\n December for the Dover commercial project.\n\n\nA wholly-owned subsidiary of PetroChina International Investment Company\n Limited acquired all of the shares of a wholly-owned subsidiary of the\n company that owned a 60% interest in the MacKay River and Dover\n commercial oil sands projects in February, for cash consideration of\n $1.9 billion. Two months later, Athabasca completed Canada's largest\n energy IPO (initial public offering) and raised $1.35 billion (gross)\n by issuing 75 million common shares. It was also listed on the Toronto\n Stock Exchange (TSE) under the trading symbol ATH.  At year-end it had\n a market capitalization of $6.0 billion.\n\n\nIn June, the company reported it had approximately 8.591 billion barrels\n of contingent resources (best estimate) and 114 m...

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