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A Differentiated Canadian Energy Company Focused on

Sustainable Resource Development

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Presentation

Athabasca Oil Corporation - Corporate Update

High Quality
Energy Resources

Athabasca Oil is a liquids-weighted intermediate producer involved in the development of Canada's most active resource plays (Montney, Duvernay, Oil Sands). We offer investors excellent exposure to oil prices and are focused on maximizing profitability through prudent capital activity across a diversified asset base.

Our Operations

Our diversified asset base is exclusively located within Alberta with a production base of ~40,000 boe/d (~85% liquids) and a ~90 year reserve life. Our Light Oil Division drives high margin returns in the liquids rich Montney and Duvernay shale plays. Our Thermal Oil Division underpins a low corporate decline and is capable of generating significant free cash flow.

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Our Operations

Our diversified asset base is exclusively located within Alberta with a production base of ~40,000 boe/d (~85% liquids) and a ~90 year reserve life. Our Light Oil Division drives high margin returns in the liquids rich Montney and Duvernay shale plays. Our Thermal Oil Division underpins a low corporate decline and is capable of generating significant free cash flow.