Government Website and Athabasca Oil Corp

Athabasca Oil Corp: The thermal oil sands project was approved by the Canadian province's cabinet on Wednesday, according to a posting on a government website, according to Reuters. $1 1.1132 Canadian Dollars Alberta - The Dover oil sands project backed by Athabasca Oil Corp ATH.TO: Quote and PetroChina 6018567.SS has received Alberta government approval, the second-last step needed before Athabasca can sell its share of the project to its Chinese partner for C$1.32 billion $1.2 billion . With the approval in hand, Athabasca needs only a final permit from the government's environment department before exercising a put that allows it to sell its stake to its Chinese partner. The final permit typically takes up to a month to issue. (www.immigrantscanada.com). As reported in the news.