Athabasca Oil Corporation announced that Matthew Taylor has joined the company as Vice President Capital Markets & Communications, effective May 5, 2014. Mr. Taylor's principal responsibilities will be the management and implementation of Athabasca's investor relations and communications initiatives and activities. 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.

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.