Mr. Robert Broen reports

ATHABASCA OIL PROVIDES ALBERTA WILDFIRE UPDATE

Due to the continuing Alberta wildfires, Athabasca Oil Corp. has shut in two of its facilities at Kaybob within its light oil operations. The facilities have been shut-in as a precautionary measure due to changing wildfire conditions and the company is not aware of damage to its well sites or associated infrastructure. The company estimates about 2,300 boe/d (barrels of oil equivalent per day) of temporary production downtime. The situation is dynamic and production will be restored when the area is safe and the company is permitted to do so.

Athabasca would like to extend its sincere gratitude to its field staff, industry partners, emergency responders and firefighters for their dedication and hard work in safeguarding communities during this challenging time.

About Athabasca Oil Corp.

Athabasca Oil is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. Situated in Alberta's Western Canadian sedimentary basin, the company has amassed a significant land base of extensive, high-quality resources. Athabasca's common shares trade on the Toronto Stock Exchange under the symbol ATH.

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