Athabasca Announces the Appointment of a New Chairman and a New Director to Its Board of Directors

Athabasca Announces the Appointment of a New Chairman and a New Director to 
Its Board of Directors 
CALGARY, March 14, 2014 /CNW/ - Athabasca Oil Corporation (TSX: ATH) 
("Athabasca" or "the Company") announces the appointment of Thomas Buchanan as 
Chairman of the Board of Directors (the "Board"), replacing William Gallacher, 
effective March 14, 2014. 
William Gallacher has served as Chairman of the Board since founding the 
Company in 2006 and was instrumental in guiding and growing Athabasca to where 
it is today. Mr. Gallacher has chosen to resign from Athabasca's board to 
concentrate on his other endeavours. 
Mr. Buchanan has been a member of the Athabasca Board since 2006. He has a 
strong financial and governance background and extensive experience in the 
energy sector at both the senior executive and board levels. 
"I am pleased that Tom has agreed to serve as Chairman for Athabasca," says 
William Gallacher. "I am confident when handing over the Chair to such a 
professional as Tom, assuring stability and the further enhancement of our 
strategic development plans." 
"Athabasca is now entering a phase where operational excellence is key to its 
success," adds Mr. Gallacher. "My goal was to see the company through to a 
clear path to assure its long term funding. I feel this has been achieved with 
the recently announced Order in Council for the Dover Commercial Project, 
paving the way for exercising the Dover put option." 
"It is an honour for me to be appointed as the Chairman of Athabasca's Board 
of Directors," says Thomas Buchanan. "It has been a privilege to work with 
Bill as a member of the Board these past seven years." 
"We have experienced many successes along the way but we have also had to 
overcome numerous challenges," Mr. Buchanan added. "Bill has been instrumental 
in both creating the success and in solving the challenges. My sincere thanks 
to Bill for his devotion to Athabasca and I wish him the best of luck in his 
other business ventures." 
Athabasca is also pleased to announce the appointment of Peter Sametz to the 
Board, effective March 14, 2014. Mr. Sametz has 35 years of experience in the 
Alberta energy industry, most recently as interim President and CEO of 
Connacher Oil and Gas. He was a founding member of the In-situ Oil Sands 
Alliance, serving as Chairman in 2011. Mr. Sametz currently is on the Boards 
of Gemini Corporation and One Earth Oil & Gas Inc. He is also CEO and 
co-founder of Alberta Steam and Power Corp. 
"It is with pleasure I welcome Pete to the Athabasca Board," says Sveinung 
Svarte, President and CEO. "Pete is a seasoned heavy and thermal oil 
executive, with an extensive operational background, which will be very 
beneficial to us as we prepare for start-up of our Hangingstone SAGD project." 
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 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- Mar/14/2014 10:00 GMT
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