Athabasca buys oil sands business from Norway's Statoil The Globe and Mail Statoil, which entered the oil sands business in 2007, said the price is made up of $435-million in cash, 100 million Athabasca shares and contingent value payments triggered at oil prices above $65 (U.S.) per barrel. The company will book an ... Statoil to sell Canada oil sands assets to Athabasca Oil Corp |