Athabasca Oil Reports Strong 2026 First Quarter Results and Increased Cash Flow Outlook

CALGARY, Alberta, May 06, 2026 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) first quarter results demonstrate continued execution across its funded growth portfolio, with its Leismer expansion on track, strong Duvernay performance, and a balance sheet positioned to support disciplined capital allocation. In the current constructive oil price environment, the Company is well positioned to capture higher cash flow through its liquids-weighted asset base while continuing to prioritize per-share value creation.