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
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
Media and Financial Community Andre De Leebeeck Vice President, Investor
Relations and External Communications 1-403-817-8048 email@example.com
Financial Community Tracy Robinson Manager, Investor Relations 1-403-532-7446
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