.st0{fill-rule:evenodd;clip-rule:evenodd;fill:#FFFFFF;} .st1{fill-rule:evenodd;clip-rule:evenodd;fill:#CC1F26;} 24 Hour Emergency 877-235-9233 NEWS & FINANCIALS ATH $1.290 +0.0200 (+1.57%) NOVEMBER 3, 2021 Athabasca Oil Corporation Announces 2021 Third Quarter Results Q3 2021 MD&AQ3 2021 Financials VIEW ALL NEWS 2021 ESG REPORT VIEW REPORT PRESENTATION VIEW UPCOMING EVENTS 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. LEARN MORE HEADQUARTERS Suite 1200, 215 - 9th Avenue SW, Calgary, Alberta, Canada T2P 1K3 CONTACT US 403-237-8227 403-264-4640 info@atha.com © 2021 Athabasca Oil Corporation. All Rights Reserved. Legal Notice and Disclaimer | Privacy Calgary Web Design by Blue Ocean

.st0{fill-rule:evenodd;clip-rule:evenodd;fill:#FFFFFF;} .st1{fill-rule:evenodd;clip-rule:evenodd;fill:#CC1F26;} 24 Hour Emergency 877-235-9233 PRESENTATION & EVENTS UPCOMING EVENTS Year-End 2021 Reporting Date March 2, 2022 (after market close) NEWS RELEASES NOVEMBER 3, 2021 Athabasca Oil Corporation Announces 2021 Third Quarter Results INVESTOR INFO PRESENTATION VIEW PRESENTATION HEADQUARTERS Suite 1200, 215 - 9th Avenue SW, Calgary, Alberta, Canada T2P 1K3 CONTACT US 403-237-8227 403-264-4640 info@atha.com © 2021 Athabasca Oil Corporation. All Rights Reserved. Legal Notice and Disclaimer | Privacy Calgary Web Design by Blue Ocean

.st0{fill-rule:evenodd;clip-rule:evenodd;fill:#FFFFFF;} .st1{fill-rule:evenodd;clip-rule:evenodd;fill:#CC1F26;} 24 Hour Emergency 877-235-9233 ABOUT US Athabasca Oil Corporation ("AOC") 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 STRATEGY IS GUIDED BY: OUR TRANSFORMATION NEWS RELEASES NOVEMBER 3, 2021 Athabasca Oil Corporation Announces 2021 Third Quarter Results INVESTOR INFO PRESENTATION VIEW PRESENTATION HEADQUARTERS Suite 1200, 215 - 9th Avenue SW, Calgary, Alberta, Canada T2P 1K3 CONTACT US 403-237-8227 403-264-4640 info@atha.com © 2021 Athabasca Oil Corporation. All Rights Reserved. Legal Notice and Disclaimer | Privacy Calgary Web Design by Blue Ocean