Birch

Birch

Athabasca’s 2011-2012 Winter Drilling Program included 22 delineation wells at Birch and 23 water source and disposal wells across Hangingstone, Birch and Dover West. The winter drilling program was completed on time and under budget.

The Company’s 2011-2012 Winter Seismic Program consisted of 54 square kilometres of 3-D seismic data in the Birch area.

The new drilling, core and seismic data have been integrated, enhancing the Company’s geological and geophysical understanding of the complex subsurface depositional environments, further delineating Athabasca’s abundant bitumen resources.

Overview:

• 470,000 acres (net);
• 95 kilometres northwest of Fort McMurray;
• 2.1 billion bbl of contingent resources (best estimate) (at December 31, 2012).