$ATH.TO

Advantage Energy Appoints John Festival as Interim CEO

Advantage Energy (AAV.TO) has appointed John Festival as Interim Chief Executive, effective immediately, after Michael Belenkie resigned from the roles of President, CEO and as a director of the company, it said on Monday.Festival who has over 35 years of experience in the western Canadian energy industry, currently serves on the boards of Athabasca Oil (ATH.TO) and Cardinal Energy (CJ.TO). Festival joined the company's board in March 2024 and has served as Chair since May 2025, it said.Shares of the company closed down 1.1% to $9.87 on Friday on the Toronto Stock Exchange.

Athabasca Oil Announces New $500M Four-Year Credit Facility and Expanded Duvernay Energy Credit Facility

Athabasca Oil (ATH.TO) has closed a new $500 million covenant-based credit facility with the Canadian bank market, the company said Monday. The facility has a four-year term to May 2030 and includes annual extension rights, it added.Duvernay Energy has also closed an upsized $75 million reserve-based credit facility. Pro forma for the new facilities, consolidated liquidity is near $870 million, the company noted.Athabasca in Monday's statement said the new credit facilities enhance its capital structure with expanded liquidity, enhanced durability and a lower cost of capital. The pro forma capital structure supports the company's fully funded Thermal Oil growth plan to greater than 60,000 bbl/d by 2030 and the expanded Duvernay Energy capital program announced in the first quarter 2026 results, it added.Athabasca said it remains committed to maintaining a "best-in-class balance sheet" as operations increase in scale. As at March 31, 2026, the company had a $60 million net cash position and $290 million of cash, it added.ATH was down $0.26 or 2.3% at $10.91 in Canada on Friday.

Athabasca Oil Corporation Announcing New $500M Four-Year Credit Facility and Expanded Duvernay Energy Credit Facility

Earnings Flash (ATH.TO) Athabasca Oil 2026 Outlook Increased on Stronger Cash Flow and Exit-Rate Momentum

Earnings Flash (ATH.TO) Athabasca Oil Posted Q1 Per Share Basic and Diluted $0.10