Athabasca Oil Announces 2023 Second Quarter Results

CALGARY, Alberta, July 26, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its second quarter results highlighted by continued operational momentum at Leismer, strong Free Cash Flow and execution on its return of capital commitment through share repurchases. Athabasca is uniquely positioned as a low leveraged company generating significant Free Cash Flow through its low-decline, oil weighted asset base.

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