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Athabasca Taps New VP of Capital Markets & Communications

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Athabasca Taps New VP of Capital Markets & Communications

Athabasca Oil Corporation has reported that Matthew Taylor has joined the Company as Vice President Capital Markets & Communications, effective today.

Mr. Taylor's principal responsibilities will be the management and implementation of Athabasca's investor relations and communications initiatives and activities.

Mr. Taylor's background includes equity research and investment banking at National Bank Financial, GMP Securities and CIBC World Markets in Calgary . Mr. 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 . Mr. Taylor holds a B.Comm. degree with a specialization in finance from the from the University of British Columbia and is a CFA® charterholder.

Sveinung Svarte, President and CEO, commented: "I am delighted that Matt is joining the Athabasca management team and I look forward to working with him. Matt is well known in the oil patch and the institutional investment community, and with his prior coverage of the Company, he joins us having a solid understanding of Athabasca's thermal oil and light oil businesses."

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. With over 35 years of international executive experience in a variety of global environments ranging from the North Sea to Nigeria , Mr. De Leebeeck has a significant understanding of the international energy arena.


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