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BRIEF-Athabasca Oil gets regulatory approval for Hangingstone oil sands project 1

Oct 4 (Reuters) - Athabasca Oil Corp :

* Announces regulatory approval of the Hangingstone oil sands project 1

* In 2013, the company plans to file regulatory applications for development of

the Hangingstone projects 2 and 3

* Says the company anticipates project start-up by the second half of 2014

* Hangingstone project 1 will be followed by additional sagd projects

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