CALGARY,
May 5, 2014 /CNW/ - Athabasca Oil
Corporation (TSX: ATH) ("Athabasca" or "the Company") announces
that Matthew Taylor has joined the
Company as Vice President Capital Markets & Communications,
effective today. Mr. Taylor's principal responsibilities will be
the management and implementation of Athabasca's investor relations and
communications initiatives and activities.
Mr. Taylor's background includes equity research
and investment banking at National Bank Financial, GMP Securities
and CIBC World Markets in Calgary.
Mr. Taylor was most recently Director of Energy Equity Research at
National Bank, where he was instrumental in rebuilding their energy
franchise with a broad coverage list spanning the intermediate and
junior energy sectors, including Athabasca. Mr. Taylor holds a B.Comm. degree
with a specialization in finance from the from the University of British Columbia and is a CFA®
charterholder.
"I am delighted that Matt is joining the
Athabasca management team and I
look forward to working with him. Matt is well known in the oil
patch and the institutional investment community, and with his
prior coverage of the Company, he joins us having a solid
understanding of Athabasca's
thermal oil and light oil businesses," says Sveinung Svarte,
President and CEO.
Andre De
Leebeeck, who was previously Athabasca's Vice President, Investor Relations
& Communications, has assumed the role of Vice President,
Corporate Projects. Mr. De Leebeeck's initial project will be to
provide oversight to the Company's closing of its previously
announced Dover Put Option transaction. With over 35 years of
international executive experience in a variety of global
environments ranging from the North Sea to Nigeria, Mr. De Leebeeck has a significant
understanding of the international energy arena.
About Athabasca Oil Corporation
Athabasca Oil Corporation is a dynamic, Canadian energy company
with a diverse portfolio 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 TSX
under the symbol "ATH". For more information, visit
www.atha.com.
SOURCE Athabasca Oil Corporation