Athabasca Oil Corporation Announces Management Change

CALGARY, Jan. 8, 2014 /CNW/ - Athabasca Oil Corporation (TSX: ATH) 
("Athabasca" or "the Company") announces that Kim Anderson has accepted an 
appointment to become the Company's Chief Financial Officer, replacing Brent 
Heagy who has chosen to leave the Company to pursue an opportunity as a CFO 
with Inter Pipeline Ltd. Mr. Heagy will be staying with the Company until 
mid-February in order to ensure a smooth transition of his responsibilities. 
Ms. Anderson and Mr. Heagy have previously worked together. 
Ms. Anderson, holds a B.Comm. degree from the University of Calgary and is a 
Chartered Accountant with broad public company experience as a finance 
professional. Through 2013, Ms. Anderson has been the CFO of a Calgary-based 
mid-stream company and prior to that, she was with Provident Energy Ltd. where 
Ms. Anderson held a number of positions, including Vice-President, Finance and 
Investor Relations. Ms. Anderson also brings with her investment banking 
"Brent has made a significant contribution to Athabasca since he joined early 
last year and played an important role in the Company's recent capital review 
which resulted in a 2014 initial capital budget focused on Hangingstone and 
Duvernay development," said Sveinung Svarte, President and CEO. "We thank him 
for his tremendous efforts and wish him all the best as he pursues the new 
opportunities with his new employer." 
"Ms. Anderson's solid experience as a finance professional, gives her a strong 
platform for the job of Chief Financial Officer of Athabasca Oil Corporation," 
added Sveinung Svarte. "We welcome Kim and look forward to working with her as 
part of the Company's management team." 
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

SOURCE  Athabasca Oil Corporation 
Media and Financial Community Andre De Leebeeck Vice President, Investor 
Relations and External Communications 1-403-817-8048 
Financial Community Tracy Robinson Manager, Investor Relations 1-403-532-7446 
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CO: Athabasca Oil Corporation
ST: Alberta
NI: OIL 2575 WNEWS  
-0- Jan/08/2014 11:00 GMT
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