Agreement Reached with Fort McKay First Nation

 CALGARY, Feb. 21, 2014 /CNW/ - Athabasca Oil Corporation (TSX: ATH)  ("Athabasca" or "the Company") is pleased to announce that Brion Energy  Corporation ("Brion") has reached an agreement with Fort McKay First Nation  ("FMFN") in regards to the Dover Commercial Project.  As a part of the agreement, the FMFN has agreed to remove all of its  objections as they pertain to the Alberta Energy Regulator's approval of the  Dover Commercial Project.  The Dover Commercial Project is a 250,000 barrel per day (bbl/d) Steam  Assisted Gravity Drainage project comprised of five, 50,000 bbl/d phases, and  is operated by Brion, a joint venture between Athabasca and Phoenix Energy  Holdings Limited.  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  To view this news release in HTML formatting, please use the following URL:  CO: Athabasca Oil Corporation ST: Alberta NI: OIL