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Athabasca chief executive Sveinung Svarte has to make good on several fronts.
Athabasca chief executive Sveinung Svarte has to make good on several fronts.
(Todd Korol/REUTERS)

Another year of hurdles ahead for Athabasca Oil

Spare a thought for the Athabasca Oil Corp. shareholder, an optimistic sort with the patience of Job.

There has never been any question about the potential of the energy projects that Athabasca has on its plate or the oil reserves that underpin them. It just seems like such a struggle for the company to get over hurdles so that investors can start realizing the promise.